N.J. Board of Public Utilities ordered major reductions in Verizo...
N.J. Board of Public Utilities ordered major reductions in Verizon unbundled network element (UNE) rates, disregarding concerns that low UNE rates fostered unhealthy reliance on incumbents’ networks. BPU concluded that lower UNE rates would provide CLECs with “immediate access…
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to the entire landline customer base” without making huge up-front investment in facilities. That in turn would speed development of competition stateside, BPU said. Agency ordered 41% cut in monthly unbundled loop rate, to $9.52 from $16.21, and slashed rate for UNE platform that combines loop with local switching 38%, to $13.93 from $22.42. BPU said it also made “dramatic” cuts in nonrecurring charges for UNE service and adopted rule changes to encourage competition for digital subscriber lines and other advanced services.