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To See the Full Article:
* Fact: 1992, NYNEX put together a report with the Public Service Commission called "Vision of the Future ---- 16% should have been upgraded to fiber by 2000. Here's the front page of the report.
Fact 1995 Using the Information Superhighway and competition as the 'gimme', the state deregulated most of Verizon's profits.
* Fact1997 Verizon pulled the largest bait and switch in history, rolling out inferior DSL over the old copper wiring, with its limited speed and distance problems, only a year after announcing they were rewiring 12 million homes.
* FACT 1998 DSL Deployment haunted with problems. DSL over the old copper had many implementation problems for years, many targeting the small ISPs who rented the networks.
FACT 2008 Fact, the cost of local service in New York City has gone up 472% since 1980 to 2008 based on phone bills, not inaccurate state of federal data. (by 2006 it was up to 426%). Meanwhile, the cost of offering service continues to drop. - NYNEX cut its staff in half and dropped new construction about the same amount over the last decade. Because of the deregulation of 1995 and other instances, no regulator examines the actual costs of service, the profits or even where all the money is going.
Every school, library, government agency, home and business, hamlet and city has been gouged based on the premise that New York would have already been rewired. If you say, "What about phone packages?" Did you know that the advertised price doesn't include 35-50% of mostly mandatory fees, that most low-volume customers (over 30%) pay more on packages, or that because of hundreds of truth-in-billing violations, 70% of small businesses are paying for services they didn't order, want or need?
Excessive Cable Prices: $3.5 billion. If Verizon had built out the networks, then there would have been cable competition. Based on Verizon's astroturf group Consumers for Cable Choice, lack of cable competition cost New York state an additional $3.5 billion - about $500 money out of your pocket. Massive Cross-subsidization and Verizon will still keep all of the utility perks: Because no one is examining the books, Verizon has been able to shift hundreds of millions of dollars in costs of their new products, including FiOS to customers as well as keep very valuable perks, such as rights of way, or valuable assets like the 411 networks, which is not Verizon's property. Watch out for Astroturf: Teletruth has dedicated a new site to multiple stories about Verizon, AT&T and their astroturf, corporate-think tanks, campaign financed politicians, and co-opted consumer groups, including blacks, Hispanics, Seniors and the disabled.
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