Get the latest tech news
Republicans Killed A Low-Income Broadband Program For The Poor, Now Charter Is Being Sued For Misrepresenting Its Impact
Last year Trump Republicans killed a popular program that provided poor people with $30 off of their monthly broadband bill. The FCC’s Affordable Connectivity Program (ACP) had broad, bipartisan su…
The lawsuit claims that Charter CEO Christopher Winfrey and CFO Jessica Fischer made “materially false and misleading statements” downplaying the scope of the ACP-related losses: Charter has been bleeding cable broadband subscribers due to the popularity of 5G home Internet and modest improvements in fiber deployments (many from city utilities or municipalities). Like many telecoms, Charter is a heavy campaign contributor to Trumplican lawmakers who seem dedicated to making the entire sector worse by destroying functional corporate and consumer protection, gutting already modest programs aimed at helping the poor (and rural students), or rubber stamping terrible deals that make U.S. broadband less competitive and more expensive in the first place.
Or read this on r/technology