Rep. Jack Fields (R-Texas), the ranking Republican on the House telecommunications subcommittee, said Tuesday he won’t take kindly to further rollbacks in cable TV rates by new FCC chairman Reed Hundt.
Fields, speaking before the U.S. Telephone Assn. conference here, said cablers already have suffered a “$ 2 billion hit” from the FCC following the agency’s April 1992 decision to reduce rates.
He said further rollbacks reportedly being readied by Hundt would be unwarranted, particularly when cable is expected to compete with telcos in the information superhighway race.
In a replay of the 1992 Cable Act fight, House GOP members have rallied around the cable industry in recent months amid reports that the FCC — under pressure from House Democrats — is preparing to administer further price cuts.