Enlarge (credit: T-Mobile USA)
T-Mobile USA is looking forward to fewer regulations and more mergers in the telecom market under President-elect Donald Trump. With net neutrality rules possibly being overturned, the company says mobile Internet providers will have a lot more leeway for “innovation and differentiation.”
The election results will lead to a regulatory environment that is “more positive for my industry,” T-Mobile CFO Braxton Carter said in a Q&A session at a UBS investors conference yesterday. “You look at some of the earlier decisions that Trump has already made [in choosing advisors], I think it’s very clear there is going to be less regulation, and regulation often destroys innovation and value creation in bringing benefits to the consumer. And the trick is bringing a benefit to the consumer while you’re also benefiting your shareholders.”
Under President Obama, the Federal Communications Commission reclassified fixed and mobile ISPs as common carriers and imposed net neutrality rules that forbid blocking, throttling, and paid prioritization. Carter seems confident the Title II decision will be reversed.
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Source: Ars Technica – T-Mobile excited about life under Trump, reversal of net neutrality rules