FCC wants change of US court hearing challenges to net neutrality rules
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 07 2024
0mins
Source: reuters
- FCC Legal Challenges: The FCC asked the U.S. 6th Circuit Court of Appeals to transfer industry legal challenges on reinstating net neutrality rules to a federal court in Washington.
- Net Neutrality Rules: These rules require ISPs to treat internet data and users equally, prohibiting restrictions like blocking content or slowing speeds for certain users.
- Reinstatement of Open Internet Rules: In April, the FCC voted along party lines to reinstate open internet rules from 2015 that were rescinded under former President Donald Trump.
- Prohibitions Under New Rules: The new rules will prevent ISPs from blocking or slowing down traffic to specific websites and engaging in paid prioritization of lawful content.
- Industry Groups' Request Rejection: The FCC rejected industry groups' request to halt the order from taking effect, citing benefits to consumers related to national security and public safety.
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Analyst Views on T
Wall Street analysts forecast T stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for T is 28.27 USD with a low forecast of 20.00 USD and a high forecast of 33.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
15 Analyst Rating
8 Buy
5 Hold
2 Sell
Moderate Buy
Current: 24.070
Low
20.00
Averages
28.27
High
33.00
Current: 24.070
Low
20.00
Averages
28.27
High
33.00
About T
AT&T Inc. is a holding company. The Company is a provider of telecommunications and technology services globally. The Company’s segments include Communications and Latin America. The Communications segment provides wireless and wireline telecom and broadband services to consumers located in the United States and businesses globally. The business units of the Communication segment include Mobility, Business Wireline, and Consumer Wireline. Mobility provides nationwide wireless service and equipment. Business Wireline provides advanced Ethernet-based fiber services, Internet Protocol (IP) Voice and managed professional services, as well as legacy voice and data services and related equipment, to business customers. Consumer Wireline provides broadband services, including fiber connections. Consumer Wireline provides legacy telephony voice communication services. The Latin America segment provides wireless services and equipment in Mexico.
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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