PITTSBURGH, March 16, 2016 - American Cable Association President and CEO Matthew M. Polka issued the following statement regarding passage yesterday of the "No Rate Regulation of Broadband Internet Access Act" by the House Energy & Commerce Committee:
"ACA commends the House Energy & Commerce Committee for reporting Rep. Adam Kinzinger's (R-IL) legislation to prevent the Federal Communications Commission from regulating the retail rates for broadband Internet access service. Not only have subscription fees been reasonable, but senior White House and FCC officials have assured us that reclassification of broadband Internet access under Title II would not result in retail rate regulation by the FCC.
"ACA remains concerned about the ongoing regulatory costs of Title II on smaller broadband providers. A law banning government interference with retail broadband access rates would give smaller broadband providers greater confidence when deciding on making investments or seeking financing on reasonable terms and conditions."
About the American Cable Association: Based in Pittsburgh, the American Cable Association is a trade organization representing nearly 750 smaller and medium-sized, independent cable companies who provide broadband services for nearly 7 million cable subscribers primarily located in rural and smaller suburban markets across America. Through active participation in the regulatory and legislative process in Washington, D.C., ACA's members work together to advance the interests of their customers and ensure the future competitiveness and viability of their business. For more information, visit http://www.americancable.org/
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