Verizon reached agreement with W.Va. PSC and agency’s Consumer Ad...
Verizon reached agreement with W.Va. PSC and agency’s Consumer Advocacy Div. on new price cap regulation plan that would be successor to 1988 plan that expired earlier this year. Under new program, Verizon will cap basic rates until 2005,…
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except for $20 million in specified rate reductions over life of program. Carrier also agreed to contribute $15 million to W.Va. project to upgrade all 911 systems in state with enhanced 911 emergency location capabilities.