PRELIMINARY STATEMENT
This Petition seeks an Order of the Public Service Commission
("Commission") creating a formal proceeding to consider the methods, technologies, policies and impacts on the public of New York's telecommunications system, with specific reference to Commission
decisions regarding deregulation of service1. This proceeding should
address factual matters upon which policies are based, the broad
functionality and impacts of the system and its governing policies,
and specific issues enumerated below.
...
Rate increases and deregulation itself has been premised on assertions
that the legacy systems are significant money losers. The public
record, which includes PSC documents, FCC document and SEC documents
do not sustain those assumptions, and at best present conflicting data
on the revenues and costs of providers. For example, in 2010, Verizon
New York's SEC-Report had revenues of $7.2 billion, but the PSCAnnual
only showed about $4.98 billion, a difference of $2.24 billion.
Fundamental policies can not be based on such uncertain financial
data.
https://documents.dps.ny.gov/public/Common/ViewDoc.aspx?DocRefId=31683C58-512A-45BE-BC57-A6C06C54649C
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