The fallout from President Barack Obama’s push to reclassify internet access as a public utility was immediate, and no one reacted faster the nation’s telecom giants. Most issued remarks that characterized the move as a huge mistake, but AT&T CEO Randall Stephenson went one better, he announced that the company was throwing the brakes on its fiber network rollout because it didn’t make sense to sink a ton of money a network infrastructure when no one knew “under what rules those investments will be governed.”