An open Internet is critical to America’s economy and society. It spurs innovation and economic growth. It helps create jobs and fuels the expansion of small businesses. It plays a pivotal role in solving critical national problems such as healthcare, education, energy, and public safety. And it is essential to free expression and democracy.
But as consumers increasingly turn to wireless phones, tablets and other devices to communicate, an open Internet is by no means assured – in fact, there’s reason for real concern.
This web site provides information supporting proposals by shareholders of three major Internet Service Providers (ISPs) who believe strongly that “network neutrality” principles on wireless networks are essential for the health of the U.S. economy, the companies and many millions of Americans who access the Internet daily.
The proposals - at AT&T, Verizon Communications and Sprint Nextel Corporation – are scheduled to be discussed and voted on at the companies’ upcoming annual meetings. AT&T’s meeting will be held on April 27, Verizon’s on May 3 and Sprint’s on May 15.
“Wireless networks in many ways represent the future of the Internet and the digital economy – which is why it’s so important that these principles be considered by the companies and their investors,” says Farnum Brown, Chief Investment Strategist for Trillium Asset Management Corporation, an independent investment firm with more than $900 million under management, which represents some of the filers.
Laura Campos, director of shareholder activities at the Nathan Cummings Foundation, says, “This issue has important implications for both social and economic justice and long-term shareholder value. As a shareholder in these companies, the Foundation is concerned that over the longer-term, a failure to operate their wireless broadband networks in accordance with the principles of network neutrality could negatively impact their market shares and damage their reputations with consumers.”
You can show your support for wireless net neutrality by signing a petition to AT&T, Verizon and Sprint at Change.org asking them to publicly commit to network neutrality principles. Join in calling on shareholders in these companies to vote YES and keep wireless Internet access open and equal!
Note: The Open Media and Information Companies Initiative is NOT asking for your proxy card and is not providing investment advice. We will not accept AT&T, Verizon or Sprint proxy cards, and any proxy cards received will be returned. If you have any questions regarding investing in AT&T, Verizon or Sprint you should consult with a financial professional.