Stephenson also said the FCC would face litigation — possibly years' worth — if it decided to pass tough rules, such as Title II, which would treat the internet like a utility.
AT&T, of course, has long taken the stance that tough open internet rules would hurt competition, and other service providers have saber-rattled about potential lawsuits over new rules. But preemptively canning investments in a service, especially one as in-demand as fiber, is a new move. If AT&T follows through, there may not be new investments until some time next year, when rules are set to be decided on.