President Barack Obama delivered a statement Monday, urging the Federal Communications Commission to render broadband a utility under Title II reclassification. "This set of principles--the idea of net neutrality--has unleashed the power of the Internet and given innovators the chance to thrive," Obama said in a prepared statement. "Abandoning these principles would threaten to end the Internet as we know it. That's why I am asking the Federal Communications Commission to do everything they can to protect net neutrality for everyone." FierceTelecom has a complete summary of President Obama's remarks here.