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Byline: Reinhardt Krause
Less than 10% of U.S. households have high-speed Internet access, which comes mostly via upgraded phone or cable TV lines.
A lot of tech and media companies would like to see that number climb much higher. They say more broadband subscribers would help revive the economy.
Congress, meanwhile, is studying several bills on broadband issues. Lawmakers are being pressed by lobbyists for phone and cable TV companies. Their views differ on how telecom regulations should be adapted to the Internet.
Efforts to reach a compromise appear to be stalled.
Verizon Communications Inc. says it would like to break the logjam. It recently floated some new ideas, which Thomas Tauke, senior vice president of public policy, talked about in this recent interview with Investor's Business Daily.
IBD: Is there a growing political consensus that the economy would gain if regulatory issues over broadband networks were resolved?