Investor News Release

Mediacom Park, NY – November 12, 2014 – MEDIACOM COMMUNICATIONS Founder, Chairman and CEO, Rocco B. Commisso, issued the following statement regarding President Barack Obama’s recent announcement urging the Federal Communications Commission to regulate broadband Internet services under Title II of the Communications Act of 1934:

“President Obama’s call for the FCC to impose heavy-handed government regulation under Title II on Internet service providers, like Mediacom, is politically motivated and ill-conceived. 

“By interfering with the work of the FCC, an independent regulatory agency charged with protecting the public interest, the President is placing the profits of technology giants ahead of the well-being of tens of millions of Americans. 

“Imposing new regulations under Title II on only ISPs and not edge providers like Apple, Facebook, Google and Netflix, who are the real Internet gatekeepers and monopolists, will not address the greatest risk to a truly open Internet experience. By not asking Silicon Valley companies with billions in offshore cash reserves to contribute their fair share of the costs of meeting our Nation’s exploding bandwidth needs, the President will force consumers to ultimately pick up the tab.

“Mediacom voluntarily observed the principles of an open Internet long before there were any net neutrality rules. Our Company has no intention of changing course, even though those rules have been struck down by a Federal court. The real threat to the Internet ecosystem is not the list of theoretical horrors fabricated by proponents of Title II reclassification.  Instead, it is the imposition of failed 1930s-era ideas that will most certainly stifle innovation, inhibit infrastructure investment and unfairly shift costs to hard-working American families.” 

About Mediacom Communications
Mediacom Communications Corporation is the nation’s eighth largest cable television company and a leading provider of broadband services to 1,500 small cities and towns across 22 states. More information about Mediacom Communications is available at www.mediacomcc.com.

Contact: 
Media Relations 
Thomas Larsen 
Group Vice President, 
Legal and Public Affairs 
(845) 443-2754