February 10th, 2004
Verizon Lies and Blames Teletruth for Pointing Out Facts
About The Pennsylvania Broadband Scam.
Teletruth Challenges Verizon to a Debate--- Anytime,
Anywhere. Verizon can you hear us?
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Pennsylvania
Broadband Bait
& Switch.
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February 2nd 2004
Are
You Owed $1,135.00 for a Fiber Optic Network You Never Received?
Teletruth
Files Complaint with the Penn PUC to Investigate $3.9 Billion in
Missing Fiber-Optic Networks.
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Take Action--- Talking Points!
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| 1. |
In
1994, Verizon committed to a fiber-optic network to customers
homes with speeds of 45 mps, in both directions--- and never delivered.
This is 40 times faster than ADSL
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| 2. |
By
2004, Verizon was supposed to have rewired 50% of the state in
both rural, suburban and Urban areas equally with a fiber-optic to
the home wire. Instead, DSL goes over the 100-year-old-copper wiring. |
| 3. |
Fraud
--- At the end of 2003, we estimate customers paid $1135 per household
-- A total of $3.9 billion. |
| 4. |
It's
2004 and they still can't build the networks.-
It's now clear they couldn't build the networks in 1994 when they
made these commitments.
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| 5. |
State
laws were changed to give the phone company more money. This
change went from a "Rate-of-Return" that examined profits
to an "Alternate Regulation" (Deregulation) that only
examined the price of Service.
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| 6. |
From
2000-2003, there was a 62% drop in Capital Expenditures,
and since the Alternate Regulation went into effect in 1993, there
has been a 43% drop in employees -- 6,510 employees were
let go.
Instead,
the money is going to increase Verizon PA Dividends, which went
up 131% from 2000-2003.
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| 7. |
Excessive
Tax Savings -- Verizon wrote-off over $1.2 billion stating
they were replacing the old copper with new fiber --- they never
did it
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| 8. |
Illegal
Cross-Subsidies -- Customers are illegally being charged for
Verizon's rollout of DSL.
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| 9. |
Where's
ALL the Money? The
Top 6 Verizon Executives got $400 million --$1 billion in
stock options in 2001, while the company lost over $10 billion
in bad overseas investments!
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| 10 |
Collusion?
This
same exact scam happened in multiple Verizon states, from New Jersey
and Maryland to Massachusetts and D.C.
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More Reading |
| 1 |
Liberty
Bell Stolen . Here's a decision by the Public Utility Commission
to NOT hold Verizon accountable for a fiber-optic Future. |
| 2. |
Chairman
Fitzpatrick Stands Up for Customers. The PUC Chairman points
out that a 45MPS service was promised, and paid for by Customers,
not DSL. |
| 3 |
Letter
by the Pennsylvania Advocate about Rate Increases of HB30.
This proposed bill will raise your phonerates and not deliver Broadband.
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| 4 |
Consumer
Advocate discusses the record of Verizon 45mps commitments.After
reading this, it should be clear that Verizon made commitments that
their lawyers and lobbyists want ignored.
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| 5 |
The
Tell-The-Truth Broadband Challenge Vs "The
Verizon 100 Megabit Challenge"
It's
time for Verizon to Tell The Truth about their failed fiber
optic plans and how much money customers paid for services they
will never receive.
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| 6 |
Independent
Analysis Shows $4 billion of Excess. (Economics
& Tech. Testimony)(PDF)
"Verizon Pennsylvania has realized financial
gains in excess of $4-billion as a direct result of Chapter 30 'alternate
regulation'."
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| 7 |
Proof
that Pennsylvania was Promised Fiber Optics to the Home
Here's
a Bell Atlantic press release from 1996, explaining how fiber-optic
services were supposed to be here in 1997!
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