DotMac
Shill H8r
Premium
join:2007-10-26
Huntington Beach, CA
edit:
November 29th, @03:18PM
| reply to swintec
Re: Martin doing a good thing by capping Comcast's growth ?
Yes, both telcos and cable operators take taxpayer money hand over fist.
»www.phillyburbs.com/pb-dyn/news/···149.html
In this example, Comcast got $17.1 million (the biggest cut of total aid) in grants, loans and tax breaks for Comcast's Phili HQ and data center and another $30 million for public improvements around Comcast's HQ. This despite Comcast reporting profits that year of nearly $1 billion.
The telcos are even worse. Pennsylvania gave Verizon over $2 billion in similar freebees for fiber deployment THAT NEVER HAPPENED.
These businesses (video service giants) also threaten to cost taxpayer money if they don't get their way. »Louisiana Fiber and 'Economic Blackmail' |
