Billions of Reasons Not to Grant Forbearance

How many reasons are there for the Federal Communications Commission (FCC) to reject the deregulation petitions Verizon filed for six cities in the Northeast? How about 2.4 billion? That's not a number pulled from the air. A new study, sponsored by XO, Covad and other of the hardy band of surviving competitive local exchange carriers (CLECs), found that if the petitions are granted, consumers and businesses will pay $2.4 billion more for local phone ... Full Story »