mr. cicconi, i appreciate the fact that you would come and accept our invitation and say what you have said and stand where you are standing. i have had policy disagreements with at&t. we see where comcast, at&t, small businesses, and consumer organizations, and economists are weighing in and saying that the rules are not menacing. what is missing is the -- what is menacing is the cra. i am glad we have had this hearing. it has cast a brighter light on what the committee is considering doing following the legislative hearing. i am grateful to all of you even if i do not entirely understand your views or increase them. that is what makes for a great hearing. right there. almost on the money. i have used my time. >> we are in the middle of a vote right now. we will recess now and resume the hearing immediately thereafter. some of you may have to depart. i understand that. our committee members will probably submit questions for the record for those of you who have to leave. for those who do not, we will reconvene. after we're done with the final round of questions, we will recess briefly and

mr. cicconi, your company is one of many that have invested tremendously. fcc commissioners came before us talking about the new regulation of the internet. we heard testimony from one commissioner that over $500 billion of investment has been made to build the broadband infrastructure exists today that allows all of the innovation. none of that was taxpayer money. maybe that is one thing this administration does not like. it happened with private investment. how much has your company invested around this innovation in creating and building this network infrastructure? >> i do not have an exact figure in front of me. last year, we invested approximately $19 billion in capital. that was in the united states. nearly all of that was in the united states. i think that was more than any other american company invested in the united states last year. >> that was under non-net neutrality rules. >> this year, we will invest roughly $19 billion in capital again. >> in your testimony, you used a number of comments about were interesting. maybe some people are thrille