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Carlyle Group=Bush »
« Hawii DSL  
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Konaguy
Live From Kailua-Kona, Hawaii
Premium
join:2000-10-21
Kailua Kona, HI
·Hawaiian Telcom


1 edit
 reply to inteller
Very Concerned

I live in Hawaii and recently got Verizon DSL after I dropped
Road Runner. I'm very concerned how this will effect my DSL
service personally. Plus I'm very skeptical about this purchase, as I go into more detail below with a letter to the editor I submitted to Honolulu Advertiser etc.

The long rumored purchase by The Carlyle Group of Verizon Hawaii was officially announced on Friday May 21, 2004.I strongly believe this potential purchase is not in the best interestfor the State of Hawaii. Even though The Carlyle Group has promised no layoffs, more local control of operations, more broadband access etc,
having a private equity company with limited telecom experience[You can see for yourself here »www.thecarlylegroup.com/eng/indu···494.htm] does not bode well for the future.
The reason why I feel this way is firstly that limited telecom experience [This is will be their first telephone company they'll own],secondly I really don't see a long term future with The Carlyle Group owning Verizon Hawaii. Since their primary focus to their investors,
I'm willing to bet if this purchase goes though, The Carlyle Group will just turn around and sell Verizon Hawaii's assets to someone else.
To me, I don't think the people of Hawaii should have to deal with disruptions like this to such a critical utility. Thus I stronglyurge the Hawaii Public Utility Commission to reject this purchase by
The Carlyle Group of Verizon Hawaii. If Verizon wants to sell its Hawaii operations, they should sell it to another telephone company,not to a private equity company out for a fast buck.
If you feel the same way I do, I urge you write to the Hawaii PUC and the Hawaii Consumer Advocate [ hawaii.puc@hawaii.gov and dca@dcca.hawaii.gov ]
Forums » Verizon Hawaii SoldCarlyle Group=Bush »
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