WASHINGTON, Oct. 22 /PRNewswire/ -- The Federal Communications Commission today approved a Notice of Proposed Rulemaking on network neutrality. The following is a statement by Tom Tauke, Verizon executive vice president of public affairs, policy and communications:

"The Notice of Proposed Rulemaking announced today appears to be a substantial improvement from what we understand was in earlier drafts. This is a better starting point for the discussion of the policies that will govern the Internet.

"We are nevertheless concerned that the NPRM implies there is a need for further regulation of the Internet. After listening carefully to comments from all of the advocates of regulation, one thing remains clear: The Internet ecosystem is serving consumers very well, and there is no problem that requires new government regulation.

"As we engage in this process, we remain concerned that the unintended consequences of regulation could bring substantial harm to consumers and the ability of the Internet sector to innovate, contribute to economic growth and productivity, create new jobs, and deliver social benefits to our nation.

"With that said, we appreciate the open process established by the FCC and are confident that a full airing of the issues will result in better policies. We are working hard to find common ground with other players in the Internet industry on common policies that would apply to all concerned, and we look forward to playing a constructive role in this process."

SOURCE Verizon