Verizon, NYC Settle Lawsuit Over Verizon's Empty Fiber Promises [telecom]
Broadband
from the day-late-dollar-short dept
By Karl Bode
Like AT&T, Frontier, and other U.S. telcos, Verizon has a long, rich history of taking tax breaks, regulatory favors, and taxpayer subsidies in exchange for networks it only half deploys. That was the case in the 90s when Verizon took a several billion tax breaks from the state of Pennsylvania in exchange for networks it never deployed. It was also the case in New York City, where Verizon was sued by the city for promising to deploy fiber universally to all five boroughs, and then, well, not doing that.
Posted 5 years ago by Moderator in General Telecommunications Forum
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