Friday, July 08, 2005

NY's PSC Raises Questions About Verizon-MCI Merger

W. David Gardner writes in TechWeb News:

New York State's Public Service Commission has expressed concern that Verizon Communication's proposed takeover of MCI could produce significant consolidation in large and medium business markets.

In a white paper issued this week, the PSC termed the consolidation "troubling" and offered some tentative remedies aimed at ensuring that smaller telecom providers could "continue to provide their services to medium and large customers, thereby preserving customer choice."

Verizon is proceeding with plans to acquire MCI after a long battle with Qwest, which eventually dropped out of the bidding for MCI.


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