The Underbelly of the Proposed Verizon Strike--- And Why Customers Should Care.

[Dave Farber <dave () farber net>]

There are some 9interesting stats on cost vs price of some services etc in 
this. djf


> Date:         Mon, 11 Aug 2003 03:03:22 -0500
> Reply-To: Telecom Regulation & the 
> Internet              <CYBERTELECOM-L () LISTSERV AOL COM>
> Sender: Telecom Regulation & the 
> Internet              <CYBERTELECOM-L () LISTSERV AOL COM>
> From: Bruce Kushnick <bruce () NEWNETWORKS COM>
>
>
> Teletruth News Analysis:  August 11th, 2003
>
> The Underbelly of the Proposed Verizon Strike--- And Why Customers Should 
> Care.
>
> To Read the Full Article and Analysis:
> http://www.newnetworks.com/UnderbellyVerizonStrike.htm
>
> The Verizon Communications Workers of America (CWA) members are correct in 
> worrying about the future. In the last two decades, there's been over a 
> 50% decrease in the number of employees-per-line, while there's been a 
> 100% increase in the Bell companies revenues. And construction in Verizon 
> is down over 53% in the last three years.
>
> However, there's an another dark side of this discussion that no one wants 
> to talk about --- How customers are being affected by staff cuts and 
> slashes in construction budgets. Everyone knows that service has been 
> declining and prices have been increasing, but the real scam is that 
> instead of reinvesting in the networks and staff, Verizon is using the 
> profits to fund excessive executive compensation and pay for massive 
> overseas losses from bad investments.
>
> Did Verizon Write-off $25 billion in the last three years, mainly for bad 
> overseas investments? How much money do the  Executives really make? What 
> is the real condition of the phone networks? If the expenses for offering 
> local service keep decreasing, why do prices keep going up? Does Call 
> Waiting really have a 53,000% profit margin? Why did the Voice Line 
> Equivalents go up 10% if there's so much competition?
> Why should  you support the Communications Workers of America?
>
> To Read the Full Article and Analysis,
> http://www.newnetworks.com/UnderbellyVerizonStrike.htm
>
> Or Visit http://www.teletruth.org
>
> Bruce Kushnick, Chairman, Teletruth
>
> This analysis was prepared by New Networks Institute for Teletruth
> http://www.newnetworks.com

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