Industry groups are already celebrating the appointment of Ajit Pai as chairman of the Federal Communications Commission. Comcast, Verizon, and groups representing AT&T, Charter, and many major TV networks have put out statements commending President Trump’s pick and his business-friendly policies, including being opposed to net neutrality and in favor of big mergers.

Comcast called Pai a “terrific appointment” and commended “his tireless efforts” to boost “investment and innovation,” while Verizon called Pai a “critical thinker” who advocated for “smart, forward-looking policies in the communications space.” Charter echoed their support, with executive VP Catherine Bohigian saying that Pai has a “keen intellect” and understands “the appropriate amount of regulation” needed to spur business growth.

John Legere used four exclamation points

USTelecom, an advocacy group representing Verizon and AT&T, among a few dozen other telecoms, said Pai was an “exceptional choice” and specifically called out his desire “to erase ... regulatory barriers” that it said impeded broadband expansion.

The NCTA, a group representing internet and pay TV providers including Charter, Disney, and Fox, was welcoming of Pai as well. In a statement, the group’s president, Michael Powell — himself a former Republican FCC chairman — said that Pai had a “common-sense” approach that would encourage “investment, innovation and competition.”

Sprint CEO Marcelo Claure was also around to congratulate Pai. And finally, T-Mobile CEO John Legere was excited enough to use four exclamation points when congratulating Pai on his appointment:

.@AjitPaiFCC Huge congrats to you!! Well deserved!! Looking forward to continuing to work w/ you to support American wireless consumers — John Legere (@JohnLegere) January 23, 2017

Some of these statements are more explicit than others, but it doesn’t take much reading between the lines to see that these groups are all thrilled to see the FCC — an agency with wide discretion over their regulatory fate — be put in the hands of someone who doesn’t much care to regulate them.

In fairness, industry groups also showed excitement when the FCC’s last leader, Tom Wheeler, was named chairman. But Wheeler was a former cable industry lobbyist, and they seemed to expect that he would have the same type of anti-regulatory stance that Pai does. Wheeler ended up taking a much heavier hand than the telecom industry expected and turned out to be a staunch advocate for consumers.

“Corporate lobbyists across the capital are probably thrilled.”

Consumer advocacy groups are concerned about the change in leadership: Pai doesn’t support strengthened privacy rules for consumers, he doesn’t support net neutrality, and he does support big mergers. Craig Aaron, president of Free Press, a nonprofit that supports net neutrality, said that “corporate lobbyists across the capital are probably thrilled” with Pai’s selection. It appears he’s right.

That means we’re likely to see several years of Comcast, AT&T, and others getting their way when it comes to dictating what they can and can’t do. It means major mergers going through without restrictions, net neutrality being chipped away — if not outright removed — and less concern for consumer privacy.

Disclosure: Comcast is an investor in Vox Media, The Verge’s parent company.

Update January 23rd, 7:57PM ET: This story has been updated to include comment from Charter