Posts Tagged ‘fine’

Fines Do Nothing To Telcos

Wednesday, November 11th, 2009

Today, the state of Florida endorsed years of bad service by fining Verizon a mere $2 per customer for slow repairs on the Gulf Coast, according to DSL Reports.

Time and time again, regulators have implicitly endorsed poor service by refusing to fine telcos at a level that would provide a disincentive for harm to consumers. Verizon got away with this activity for years and is paying less than a month’s profit per customer.