MG Explains Why ISPs Want To Lower The Definition Of Broadband

What’s the deal with Comcast, Verizon, and other ISPs petitioning the FCC to lower the definition of broadband? It’s all about money—broadband stimulus money—MG Siegler explains on G4’s Attack of the Show.

As the Obama administration looks to expand broadband access to rural and urban areas that are still under-served, the ISPs want to lower what constitutes broadband so that they can get some of the billions of dollars in stimulus money without shelling out as much to actually deliver the broadband access the stimulus package is designed to create.

Those phone and cable companies are tricky. Watch the video above.