"At the hearing, Barbara van Schewick, director of Stanford Law School's Center for Internet and Society, succinctly put the kibosh on this notion. She observed that from 2015 through 2017, Comcast repurchased $16 billion of its own stock. "If they took this money they could deploy a fiber network to 80 to 160 million people in the United States." She could have gone further: In 2017, Comcast, Verizon and AT&T earned a combined profit of $82.3 billion on revenues of more than $371 billion.
The Center for Internet and Society at Stanford Law School is a leader in the study of the law and policy around the Internet and other emerging technologies.