Wall Street Cheat Sheet
Comcast’s ‘Internet Essentials’ Program Needs an Upgrade
By Sam Becker
February 25, 2015
Before the merger gets the go-ahead from the powers that be, the Internet Essentials program, along with some other issues, are being targeted specifically by the California Public Utility Commission. In a brief provided by the commission, it is recommended that Comcast do what it can to not only expand the program but improve it. That means providing additional equipment, bumping up speeds, and perhaps most importantly, expanding the eligibility requirements.
It’s unclear how, or even if, Comcast plans to respond.
But there are signs that the company may comply. Just this past summer, The Washington Post reported that the Internet Essentials program had its eligibility requirements lowered, making it available to even more people than before. There were, naturally, some stipulations, but all in all, it was a positiv