A group of 20 investment advisors, investment management firms and foundations with broadly diversified stock portfolios today called upon the FCC to maintain current rules that support the principle of network neutrality on the Internet. The investors, representing approximately $190 billion in assets and Assets Under Management (AUM), argued in a filing with the FCC that a rulemaking proposed in April 2017 - which would gut net neutrality protections - is “fundamentally flawed.”
Open MIC joined a coalition of 76 public interest organizations in signing on to a letter to the Chairman and Commissioners of the FCC urging the agency to take action on three important issues: the set-top box rulemaking, the broadband privacy rulemaking, and the zero rating investigation. Public interest organizations view action on these issues as necessary to make internet, cable, and satellite services more affordable and open, and to preserve internet users’ privacy.
A group of investment firms and foundations with widely-diversified investment portfolios today called upon the Federal Communications Commission (FCC) to adopt network neutrality rules that would protect an open Internet. They recommended reclassification of broadband Internet service under Title II of the Communications Act, giving the FCC clear regulatory authority over the Internet network infrastructure that serves millions of individuals, entrepreneurs and established businesses throughout the U.S.
A shareholder proposal calling on Verizon Communications Inc. (NYSE:VZ) to report on business risks arising from the company’s opposition to open Internet and network neutrality principles has gained important new support from investors, winning 26.4% of the vote at Verizon’s annual meeting on May 1.
About one-quarter of all Verizon Communications Inc. (NYSE:VZ) shareholder votes were cast in favor of a proposal that asks the company to report on business risks from Verizon’s controversial FCC lawsuit and other actions to oppose open Internet and network neutrality principles.
A shareholder proposal calling upon AT&T Inc. (NYSE – T) to publicly commit to network neutrality principles on its wireless networks attracted important support in initial voting results released today at the company’s annual meeting in Salt Lake City.
Investors in AT&T, Verizon and Sprint will finally have an opportunity to vote on shareholder proposals which call on the companies to commit to network neutrality principles that would maintain open access to the Internet on wireless networks.
A coalition representing socially responsible investors in media and telecommunications firms today urged the Federal Communications Commission to adopt “clear principles, policies and practices” to guarantee that the Internet remains free and open for all Americans.
In a shareholder proposal led by Boston Common Asset Management, 17 investors representing over 24 million shares of Cisco Systems, Inc (NASDAQ: CSCO) totaling over $580 million USD are urging the company to adequately manage human rights related risks in its global operations.
First-time investor resolution garners 30% of vote at CenturyTel, 9.2% at EarthLink;
Vote is seen as a signal to other Internet Service Providers