California has agreed not to enforce its new net neutrality law until the D.C. Circuit Court of Appeals reaches a decision on the legal challenge of the FCC's decision to overturn federal net neutrality rules.

Why it matters: It's a setback for net neutrality advocates, but FCC Chairman Ajit Pai said in a statement that California's agreement to delay demonstrates "that there is no urgent problem that these regulations are needed to address." Telecom companies reiterated their call for Congress to adopt national legislation.

Go deeper: California vs. Trump on net neutrality