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AT&T Asked by FCC to Explain Chief’s Vow to Slow Investment

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Regulators asked AT&T Inc. to explain comments by its chief executive officer that he may delay expanding its fast Web service because the government is still debating rules to govern Internet traffic.

AT&T Chief Executive Officer Randall Stephenson on Nov. 12 said additional fiber deployment is on “pause,” two days after President Barack Obama challenged the Federal Communications Commission to adopt tough rules for Internet service providers.