FCC Denies Verizon Forbearance Requests

FCC DENIES VERIZON FORBEARANCE REQUESTS
[SOURCE: Federal Communications Commission]
On Tuesday, the Federal Communications Commission ruled that the current evidence of competition does not satisfy the section 10 forbearance standard with respect to any of the forbearance Verizon requests. Accordingly, the Commission denied the requested relief in all six markets: , New York, Philadelphia, Pittsburgh, Providence and Virginia Beach.
http://hraunfoss.fcc.gov/edocs_public/attachmatch/DOC-278708A1.doc

* Verizon Is Denied a Rate Request
http://www.nytimes.com/2007/12/05/business/05fcc.html?ref=todayspaper

* Rep Ed Markey (D-MA): "The unanimous rejection of Verizon’s regulatory petition by the Federal Communications Commission is a victory for consumers and competitors. I have vigorously argued against granting this petition because it would have led to a dramatic reduction in innovation and a hike in the prices consumers pay for both traditional telecommunications and broadband services."
http://markey.house.gov/index.php?option=com_content&task=view&id=3210&I...