During the CTIA annual conference in San Fancisco this week, CEO Steve Largent noted the ongoing success of the wireless industry but warned that potential new regulations including net neutrality would hurt broadband investment and growth. Largent pointed out that in the current regulatory climate, wireless carriers carried nearly 50 percent more data compared to last year alone, reaching nearly 94 percent of the country.

In a follow-up keynote address Sybase CEO John Chen also warned of the economic ramifications of net neutrality or the FCC’s Internet “reclassification” proposal.

"The most scary part of all is what is going around the government," Chen said. "Some advocacy groups want the government to start regulating apps stores. I think that would be a major set back for the industry."

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