Maryland Democratic Sens. Barbara Mikulski and Ben Cardin urged the...
Maryland Democratic Sens. Barbara Mikulski and Ben Cardin urged the FCC and the Justice Department in a letter sent last week (http://xrl.us/bnip5y) to “endeavor to protect the public interest” as they consider the proposed Verizon/SpectrumCo deal. Mikulski and Cardin said…
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joint marketing agreements in the proposed deal could “renege” on the promise of the 1996 Telecom Act by turning former competitors into business allies. The joint marketing agreements appear to “limit Verizon’s incentive” to invest in its all-fiber FiOS network, which could potentially deprive consumers of a competitive alternative to cable’s broadband and video services, the letter said. Approval of the deal could also eliminate as many as 72,000 jobs which would have otherwise gone to build, maintain, service and sell network services related to FiOS deployment, the senators said. Verizon had no comment.