FCC Chairman Genachowski to step down

Published on NewsOK Modified: March 22, 2013 at 2:18 pm •  Published: March 22, 2013
Advertisement
;

President Barack Obama, who worked with Genachowski at the Harvard Law Review, said he brought to the FCC a "clear focus on spurring innovation, helping our businesses compete in a global economy and helping our country attract the industries and jobs of tomorrow."

Rob Atkinson, president of the Information Technology and Innovation Foundation, a non-partisan think tank, commended Genachowski's FCC for its National Broadband Plan — the first comprehensive federal plan to stimulate the availability and adoption of high-speed Internet access — and for its efforts to put more radio spectrum to use wireless broadband.

"America's broadband economy is thriving, with record-setting private investment, unparalleled innovation in networks, device and apps, and renewed U.S. leadership around the world," Genachowski said Friday as he thanked the FCC's staff.

Genachowski's departure will follow that of Republican Robert McDowell, which leaves the five-member commission with a 2-1 Democratic majority until Obama appoints a new chairman and commissioner.

Stifel Nicolaus analysts Christopher King and David Kaut said they believe the front-running candidate for next chairman is Tom Wheeler, a venture capitalist and former president of two major trade groups, for the cable and wireless industries.

| |

Advertisement


Trending Now



AROUND THE WEB

  1. 1
    Hotel leaves Oklahoma City Thunder opponents telling ghost stories
  2. 2
    Check out the Thunder postseason playlist
  3. 3
    VIDEO: Blake Griffin dumps water on a fan
  4. 4
    Oklahoma City Thunder: Grizzlies guard Nick Calathes calls drug suspension unfair
  5. 5
    Dave Chappelle Reveals Shockingly Buff New Look
+ show more