On the innovation side, it's a completely different world. You know, around the [globe] they are using American apps, whether it's Twitter or Facebook or Google -- that's what the rest of the world is using, a major change in four years. And then think about operating systems. Four years ago, the percentage of mobile devices globally that had American-made operating systems was under 20%. Today it's over 80%. ....

...What we want in the United States is a framework, rules of the road that drive massive amounts of private investment and innovation both to early stage technology -- innovators and disruptors -- and to the broadband networks -- wired and wireless -- that carry the applications and services. When I got the job [in 2009], there was a major war between technology companies and Internet service providers about net neutrality. It was a destructive war that wasn't providing clear rules of the road and was having a negative effect on investment innovation, not a positive one.

We developed a framework that, for the first time, put in place rules to preserve Internet freedom, preserve the ability of innovators to innovate, to come up with an idea, put it on the Internet, reach an audience and let the market decide whether it's a good idea or a bad idea. The rules preserved that; [it's the] first time we've ever had rules like that in the United States, so it's a very big deal -- giving confidence for the apps and services, Internet innovators. [It also provided] the certainty that the network companies needed to invest in their networks, to upgrade them and to give us faster speeds.

In the two years since we adopted this framework, we've seen an increase in innovation and investment across the broadband ecosystem in terms of innovative applications and services. We've seen rapidly growing investment and unbelievable innovation. We've also seen very significant increases in investment in wired and wireless broadband networks. And we've seen all of this in a period characterized by, of course, a very challenging economy.