Sorry, FCC: Charter will lower investment after net neutrality repeal

Enlarge (credit: Steve Johnson)

The Federal Communications Commission's quest to prove that killing net neutrality is somehow raising broadband investment recently focused on Charter Communications.

Charter, the second largest US cable company after Comcast, "is investing more in its broadband network and workforce because of the FCC's Restoring Internet Freedom Order [that repealed net neutrality rules] and last year's tax reform legislation," FCC Chief of Staff Matthew Berry claimed in a tweet Friday.

But as we noted earlier this week, Charter raised its capital investment in 2017 while the net neutrality rules were in place. And with the repeal soon to take effect, Charter says it is preparing for a "meaningful decline" in spending on building and upgrading broadband networks.

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