Open Internet Proposal at Verizon Wins $30.6 Billion of Shareholder Vote
Support Comes as FCC Weighs New Network Neutrality Rules New York, NY // MAY 8, 2014: A shareholder proposal calling on Verizon Communications Inc. (NYSE:VZ) to report on business risks arising from the company’s opposition to open Internet and network neutrality principles has gained important new support from investors, winning 26.4% of the vote at Verizon’s annual meeting on May 1, 2014. The vote comes as the Federal Communications Commission considers the possibility of new open Internet rules to be introduced by Chairman Tom Wheeler at a commission meeting on May 15. Net neutrality is the principle that all Internet …
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