Ensign: My Bill Would Slash Cable Rates

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[SOURCE: Multichannel News, AUTHOR: Ted Hearn]
Sen. John Ensign (R-NV) said Tuesday that passage of his telecommunications-reform bill would cause cable incumbents facing new competition from phone companies to slash their rates across the country. Sen Ensign -- whose bill (S. 1504) would ease phone-company entry into local markets by eliminating local franchising -- claimed that the cable incumbent in Keller, Texas, cut its rates by 50% when Verizon Communications Inc. began to provide video service a few months ago.
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