CWA Files Letters Calling for Regulators to Investigate Verizon’s Refusal to Invest in Traditional..
Source: NH Labor News
WASHINGTON- The Communications Workers of America (CWA) today announced they were filing letters with telephone regulators in six states and Washington, DC calling on them to open investigations into the deterioration of Verizon’s copper landline networks. In July, Verizon admitted in a letter to the FCC that it had only spent $200 million over the last seven years to maintain its copper landline network in eleven states and the District of Columbia.
The $200 million investment is less than one percent of the amount phone and DSL customers pay Verizon for service, which means the average customer is financing wireless and fiber expansion, rather than the upkeep of the network they rely on.
In light of the new evidence presented by CWA to regulators, scores of legislators across the region joined the call for renewed investigation into Verizon’s abandonment of the copper network.
“Verizon pulls in more than a billion dollars in profits each month. $200 million represents less than half a percent of the $50 billion Verizon spent on its wireline network from 2008 to 2014 and less than one percent of what they charge the average voice customer,” said Dennis Trainor, Vice President of District 1 of the Communications Workers of America. “We support Verizon’s expansion of FiOS, but the company also has a legal obligation to provide safe, reliable service over its traditional landline network.”
FULL story at link. FULL title: CWA Files Letters Calling for Regulators to Investigate Verizon’s Refusal to Invest in Traditional Landline Upkeep
DUer Matt Murray runs NH Labor News! 
About NH Labor News
The New Hampshire Labor News is a group of NH Workers who believe that we need to protect ourselves against the attacks on workers. We are proud union members who are working to preserve the middle class. The NHLN talks mostly about news and politics from NH. We also talk about national issues that effect working men and women here in the Granite State.
Read more: http://nhlabornews.com/2015/09/cwa-files-letters-calling-for-regulators-to-investigate-verizons-refusal-to-invest-in-traditional-landline-upkeep/
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That the rest of the commons picks up the tab for 'their' obligations. I'm sure it factors in to the cost savings and share increases promised to their share-holders & CEO's for next year's dividends. Don't we just Love Our desire to Privatize.... Everything.
probably both. So much knuckle rubbing comes into play when it comes to fleecing the populace of what little remains to be squeezed.
just waiting for the next credit bubble to blow. 'cause that's just all that's about left.
