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Verizon will pay New York regulators $400,000 due...

Verizon will pay New York regulators $400,000 due to a service quality failure, said the New York Public Service Commission Thursday (http://bit.ly/19Em5WO). The telco opted to pay the amount, set at $100,000 per month, to avoid further PSC action. The…

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PSC reports that Verizon failed to meet its repair metric for out-of-service troubles lasting more than 24 hours in its New York City wireline network in January through April of this year. The PSC learned of these shortcomings, which Verizon acknowledged, through a report from PSC staff.