On Nov 15, 2007, at 14:38, Ben Scott wrote: > My only concern is, what if FairPoint does turn into another Vitts? > Financial meltdown could well disrupt POTS (Plain Old Telephone > Service) across the region, too. That would be worse.
Vitts wasn't regulated the same way telcos are. e.g.: http://www.fcc.gov/cgb/consumerfacts/bankrupt.html Odds are the worst case is the PUC would allow them to refinance and charge a stranded-costs fee. Otherwise PSNH customers would have been in the dark for the past 20 years. For this to happen one has to imagine that either the company is grossly mismanaged or telco/data services are fundamentally unprofitable. If neither are true the market will take care of it. -Bill ----- Bill McGonigle, Owner Work: 603.448.4440 BFC Computing, LLC Home: 603.448.1668 [EMAIL PROTECTED] Cell: 603.252.2606 http://www.bfccomputing.com/ Page: 603.442.1833 Blog: http://blog.bfccomputing.com/ VCard: http://bfccomputing.com/vcard/bill.vcf _______________________________________________ gnhlug-discuss mailing list gnhlug-discuss@mail.gnhlug.org http://mail.gnhlug.org/mailman/listinfo/gnhlug-discuss/
