FAQ: How does the Verizon NY 2020 Annual Report detail billions that can be used to solve the Digital Divide in NY, as well as nationwide, with no government subsidies?

What is the Verizon New York 2020 Annual Report? (Hidden in Plain Sight). On May 28th, 2021, the Verizon NY 2020 Annual Report was published. Verizon NY is the primary state telecommunications public utility and New York is the only state we know of that requires and makes public a financial annual report for the state-based public utility.

This is not the Verizon Communications Inc. Annual Report, which is for…

Audit the books, stop the overcharging and fix the Digital Divide without government subsidies.

According to Broadband Breakfast, June 10, 2021, AT&T wants government handouts for broadband in territories it failed to upgrade.

“AT&T CEO John Stankey said…that the federal government can get away with shelling out between $60 to $80 billion in infrastructure dollars to connect rural and remote America…”

Over the last year, with everyone forced to stay at home, the pandemic has brought into harsh focus that America was never properly upgraded with high-speed broadband, especially in rural and low income areas, and that prices are out…

Audit the Cooked Books: Get Back the Money to Fix the Digital Divide.

Click to Download the Verizon NY 2020 Annual Report or Read the IRREGULATORS’ Report and Walk-through.

The Verizon NY 2020 Annual Report was published on May 28th, 2021.

Verizon NY is New York State’s primary telecommunications public utility and New York is the only state we know of that requires a full, public annual report. Established in 1896, Verizon NY is a wholly owned subsidiary of Verizon Communications, Inc, a holding company.

This is NY State’s critical infrastructure and it has never been just the copper wires…

Ever hear of Michigan Bell? How about Southwestern Bell or BellSouth? AT&T has 86 separate entities listed for EBB money — including the broadband utilities that it controls in 21 states.

According to this footnote, AT&T is only offering wired home Internet broadband service in their 21 state telecommunications public utilities — the AT&T ‘footprint’.

The Verizon NY 2020 Annual Report just came out (May 28th, 2021) — and here is a list; a glimpse of the 358 investments listed (investments over 5%). This snapshot includes Verizon Maryland — a state that Verizon controls as the incumbent wireline telecommunications public utility. It was supposed to have the original — and still existing — copper wires replaced with a fiber optic line over a decade ago, and it never happened.

NBC 4 Washington’s headline says it all.

“Digital Divide: Nearly 1 Million in Va., Md. Have No High-Speed Internet Access

• How much money was transferred out of the US to buy these overseas investments?
• How much money of budgets…

This is Part 2. (Click for Part 1.)

AT&T charges $10 a month, $120 a year, for an internet broadband modem that appears to cost AT&T $20-$30 at wholesale rates. That’s a lot of extra profits to take from the Emergency Broadband Benefit, EBB, government subsidy for low income families, don’t you think?

And regardless of the EBB program, if you have used an internet broadband service from AT&T over the last 4 years, this comes to $480. We need to add that AT&T also gets to write off this piece of equipment, an additional benefit to… AT&T. …

We divided this story up into 4 parts — This is Part 1.

The Washington Post headline says it all:

“The government has a program to cut your Internet bill. Verizon is using it to force you onto a new data plan.”

The EBB, Emergency Broadband Benefit, is a government subsidy program giving out $3.2 billion to broadband providers to cover discounts of up to $50 a month for qualified low income ‘households’.

The FCC says this program is for households to get online:

“The Emergency Broadband Benefit is an FCC program to help families and households struggling to afford…

READ: FULL REPORT 3
READ: ALL Reports of the Break Up Big Telecom & Cable

This article is only about examining one basic question, besides the mind-boggling totals:

How much money have you, your family, friends, business, the city you live in, your neighbors, the State and even America been overcharged by Big Telecom & Big Cable over the last 3 decades?

New Networks Institute (NNI) and the IRREGULATORS estimate that we have all been overcharged over $1.3 trillion dollars over the last 3 decades by what is now a cartel — just a few very large corporate holding companies, dubbed ‘Big Telecom’ — AT&T, Verizon and CenturyLink (Lumen) and Big Cable, ‘Comcast and Charter’, and those that they pay to be their friends. …