AT&T spokesman said late Wed. that Verizon showed ‘astonishing di...
AT&T spokesman said late Wed. that Verizon showed “astonishing display of greed and opportunism” in petitioning FCC to permit carriers to impose measures such as advance payments or security deposits on wholesale customers such as financially troubled CLECs (CD…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
July 25 p7). Verizon told FCC Wed. that it needed to “ensure against nonpayment” in light of financial problems facing industry. It also asked Commission to “inform bankruptcy courts that carriers should receive payment in advance or other similar protections to obtain adequate assurance of payment… during the… bankruptcy proceedings.” AT&T spokesman accused Verizon of trying “to carve out an advantage for itself that will harm its competitors.” He said FCC should reject proposal because “bankruptcy law should guide the industry, not Verizon’s desire to benefit from a crisis.”