Photo By: 

NJ Deregulates Phone Lines

Brian Young's picture
Jun 05, 2015

According to the NJ Star Ledger, Verizon has entered into a secret  settlement with Governor Christie's Board of Public Utilities, to raise rates for land line service 36% over the next 5 years and then eliminate any increase cap while also relinquish control over landlines.  Landlines have traditionally been treated as a public utility and thus regulated by the state board.  This deregulation comes in the state with the most homes in the country still using land line service.  This is part of the larger effort of Verizon to move consumers away from unionized land line service and into their non-union wireless service.

Sign up for our e-Newsletter!