The FCC, the penultimate Washington, D.C. insider, wants the Verizon (NYSE: VZ)-Metro PCS legal action against its net neutrality rules to move outside the Beltway. The telcos, of course, wants the case to be heard by the same D.C.-based, three-judge U.S. Court of Appeals panel that ruled in favor of Comcast (Nasdaq: CMCSA) when the MSO challenged the FCC's authority to regulate Internet traffic.
Meanwhile, it's reportedly likely that other major telcos ALU) AT&T (NYSE: T), Sprint (NYSE: S) and T-Mobile will hold their noses and accept the FCC's regulations.
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