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fAcEtIOUs
Premium
join:2002-03-03
kudos:4

2 edits

Deal has to go forward

This deal had to be approved. If it wasn't, then service is GUARANTEED to degrade as Verizon just walks away from doing ANY upgrades or spending any REAL money on maintenance.

But prices will go up and some union drones will lose their jobs, because Fairpoint won't do what Verizon did - subsidize an area that was losing money thru higher rates in more profitable areas.

probboy

join:2008-01-10
Natick, MA

said by fAcEtIOUs:

This deal had to be approved. If it wasn't, then service is GUARANTEED to degrade as Verizon just walks away from doing ANY upgrades or spending any REAL money on maintenance.
They just can't walk away--landlines are a tariffed service. They might not invest in non-tariffed services (like DSL or FIOS), but they would have to meet minimum service standards for landlines. I'm not entirely sure what the penalties are for not meeting these standards, but I'd imagine that they might include seizing the assets and allowing another company to provide service.

The folks in Northern New England end up getting screwed while Verizon walks away from a boatload of debt. Once this gets approved, I'd imagine that Verizon tries something similar in western Massachusetts, central PA, etc.


fAcEtIOUs
Premium
join:2002-03-03
kudos:4

said by probboy:

said by fAcEtIOUs:

This deal had to be approved. If it wasn't, then service is GUARANTEED to degrade as Verizon just walks away from doing ANY upgrades or spending any REAL money on maintenance.
They just can't walk away--landlines are a tariffed service. I'm not entirely sure what the penalties are for not meeting these standards, but I'd imagine that they might include seizing the assets and allowing another company to provide service.
Who? Fairpoint?
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