CWA: Verizon/Cable Deal Will Kill Jobs

CWA: FCC decision on big cable deal will kill jobs, harm consumers

August 23, 2012

1 Min Read

WASHINGTON, D.C. -- The following is CWA's statement on the FCC, by a unanimous vote, approving the Big Cable deal:

The FCC's decision allowing Big Cable to virtually monopolize wireline and video connections to millions of homes will lead to job loss and hit consumers with higher prices. It will slam the door on our country's high speed future because it has destroyed any incentive for Verizon to continue the build out of its high speed FiOS network.

It is clearly an example of the FCC, just as the Department of Justice did last week, acting on behalf of corporate interests, not the public interest and clearly not jobs.

Both the DOJ and the FCC now have shown that they are content with an anti-competitive deal that will result in job cuts, higher prices, and fewer choices for consumers. Regulators have demonstrated a striking disconnect between their support for this deal and the Obama administration's goals of affordable high speed Internet access for all and particularly, the creation of good jobs that are necessary to push our sluggish economy forward. The U.S. is near the bottom among global democracies in both price and access to high speed Internet.

Communications Workers of America (CWA)

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