& cplSiteName &

Nice Lobby

Raymond McConville

1:00 PM -- There's one industry in the U.S. economy that is certainly not in a recession: lobbying. In New York state alone, lobbyists had a golden year in 2007, taking in a record $172.1 million. There are a lot of people and companies to thank for that, but none more so than Verizon Communications Inc. (NYSE: VZ).

Verizon spent $3.2 million on lobbyists in 2007 which is more than any other individual contributor. And that's in New York state alone. Where's all the money going? Probably a good amount of it is FiOS related. New York does not have a statewide video franchise, which has irked Verizon as it tries to get its new video service into New York City. (See NYC Still Waits for FiOS.)

Lobbyists of course aren't the only ones who take such contributions. Verizon also gave $152,620 to political candidates in New York. Elsewhere in the country, there have been much more high-profile examples of such donations -- perhaps none more so than West Virginia Senator Jay Rockefeller, who accepted about $40,000 from AT&T Inc. (NYSE: T) and Verizon executives in 2007 after receiving nearly nothing in the previous six years. Rockefeller of course is the Democratic Senator who has gone against party lines to sponsor the wiretapping legislation that would grant retroactive immunity to the telcos. (See Wiretapping on Tap Next Week? and Were Telcos Justified in Warrantless Wiretaps?)

Is it just me or is Verizon making a lot of noise in government lately? (See Vonage Ordered to Pay $58M to Verizon, Verizon Sues Cox, Verizon Sues Charter Over VOIP Patents, Verizon Sues Time Warner Cable, and Verizon Asks FCC for FiOS Help.) — Raymond McConville, Reporter, Light Reading

(0)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
More Blogs from Raynman
Company loses 25% of its value in one day
The 15-month search could be over
Please stop saying that
Sunday mornings will never be the same
How to get fat
Featured Video
From The Founder
John Chambers is still as passionate about business and innovation as he ever was at Cisco, finds Steve Saunders.
Flash Poll
Upcoming Live Events
September 12, 2018, Los Angeles, CA
September 24-26, 2018, Westin Westminster, Denver
October 9, 2018, The Westin Times Square, New York
October 23, 2018, Georgia World Congress Centre, Atlanta, GA
November 6, 2018, London, United Kingdom
November 7-8, 2018, London, United Kingdom
November 8, 2018, The Montcalm by Marble Arch, London
November 15, 2018, The Westin Times Square, New York
December 4-6, 2018, Lisbon, Portugal
All Upcoming Live Events
Hot Topics
Telecom Jargonosaurus Part 1: Repeat Offenders
Iain Morris, News Editor, 7/13/2018
AT&T's Stankey Serves Up a Stinker at HBO
Iain Morris, News Editor, 7/10/2018
Broadcom Buys CA – Huh?
Mitch Wagner, Executive Editor, Light Reading, 7/11/2018
Verizon Taps Malady as Acting CTO
Dan Jones, Mobile Editor, 7/12/2018
FCC's Rosenworcel: US 'Falling Behind' on 5G
Iain Morris, News Editor, 7/13/2018
Live Digital Audio

A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.

Like Us on Facebook
Twitter Feed