said by N3OGH:Lying to government regulators is not a valid business plan. If that's what Frontier did Oregon should use its power to punish Frontier to the full extent of the law.
No doubt it was their plan all along.
| Frontier spokesperson explains rate hike during TV interview:|
So, officially at least they didn't break any promises. Regulators can dispute that in court if they like.
The increase does not affect customers under a price protection plan.
Frontier bought the area's FiOS Internet and television infrastructure from Verizon last July. It made that purchase knowing then, increasing rates was an option in the future.
"Look, we bought the whole company, right? All the assets. The FiOS part was part of that, so it was part of the deal," said Don Banowetz.
He says Frontier doesn't have the buying power Verizon had, so when programming prices went up, Frontier made a choice.
"We couldn't ride the previous arrangement. So in essence, it was what it was," he explained. "So, over the last seven months, we've looked at how we might take other costs out of the business to maintain the pricing structure and we found that to be very difficult, so hence this increase."
said by fiberguy:And the runner up goes to.... fiberguy! Not really, you make some good points, but you need to be taken to task on your statement about California's bureaucracy.
You win a clueless award on this one bud.. sorry..
My family has a decent sized construction company (most would agree an industry that has it share of regulations ) based out of Southern California with dealings in Nevada and Arizona.
They deal with all levels of government from local municipalities up to the state level.
Oh sure, California might have a few more hoops to jump through, but definitely none consuming 50 PERCENT OF THE TIME!
Although they both have their charms and no disrespect to the lovely residents of Arizona and Nevada. But come on, theres a reason why Nevada and Arizona are for the most part barren, relatively unpopulated states.