The chairman of the Federal Communications Commission, Julius Genachowski, said Friday that he’s stepping down in the “coming weeks,” after a four-year tenure that’s garnered mixed reviews for him and tangible progress in the industries he oversees.
The country’s top telecommunications regulator told a staff meeting of his decision Friday morning.
Genachowski, 50, was appointed in 2009. His tenure has seen continued adoption of broadband and ever higher Internet connection speeds, especially on the wireless side, but consumer groups saw the approval of Comcast’s acquisition of NBC as a mistake, while AT&T Inc. suffered a severe blow when its acquisition of T-Mobile USA was blocked.
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