Copied from stopthecap.com which is being hammered for obvious reasons: netizens combined with congresscritters wanting to be netizens (or just look like them) scare off Time Warner’s planned bandwidth money grab. For now.
Sen. Chuck Schumer (D-NY) and I stood side by side this afternoon in front of Time Warner headquarters in Rochester to announce that Time Warner has shelved its broadband tiering nightmare.
“In the face of enormous community opposition and at Schumer’s urging, Time Warner will shelve the plan for all of their test markets,” Schumer wrote in a prepared statement.
StoptheCap! confirmed moments ago with the senator’s press secretary that this effectively ends tiered pricing in EVERY Time Warner market.