Last week you may have heard that President Biden signed an Executive Order aimed at increasing competition in a number of industries. Telecommunications is one of those industries and encouraged to be re-evaluated by the FCC. RealtyCom is happy to speak with clients in more detail, and rest assured we are up-to-date with the news and in close communication with our attorney/vendor partners and the NMHC Government Affairs team. Once the FCC appoints a full commission, we believe the proceeding from a couple years ago will be reopened which involved looking at potential rules banning or restricting marketing, revenue share and exclusive wiring arrangements and it is possible bulk arrangements will be added to that list. RealtyCom will continue to advocate on behalf of our clients and owner operators in this important proceeding. Please also read NMHC’s post here for more information:
https://www.nmhc.org/news/nmhc-news/2021/biden-aims-to-boost-economic-competition-looks-at-multifamily-broadband/.
Contact info@realtycompartners.com with any questions.
