ACT Executive Director Morgan Reed issued the following statement in reaction to today’s FCC open internet announcement.

In five short years, the app marketplace has grown into a $68 billion industry. This has been possible because our country possesses a robust wired and wireless infrastructure. That’s why ACT has always supported the principles outlined by the FCC in its first net neutrality rule. App users have contributed to an explosive increase in data consumption and further broadband investment will be necessary to meet rising demand. As the Commission reviews its section 706 authority, it will be critically important to the app industry that private broadband investment remains the guiding principle of this provision.