Redacted Verizon Report Hiding Why America’s Wireless, Broadband & Internet Services Cost 3 to 14 Times More Than Overseas…?

(THIS IS PAGE 15; LOGO ADDED.)
  • OECD-EU: Triple Play ‘basic’ averaged $44.77 a month in 2017, but the ‘cheapest’ was only $15 a month.
  • US Bait and Switch: AT&T, Verizon, Comcast and Spectrum et al. have an advertised averaged price of $88.95, but the actual first bill has added fees, which comes to about $115.00 a month.
  • Post-Promotion: The average cable Triple Play after the promotion ends, is around $205.00.
  • US Triple Play Prices are 258%-479% above the OECD-EU average; 766–1410% above the ‘cheapest’ basic Triple Play service offered by some OECD-EU countries’ carriers.
  • Local Service in 2019 had revenues of $864 million and showed a loss of $1.92 billion, which gave a ‘tax benefit’ to Verizon Communications, Inc., the holding company.
  • Access Services, including Special Access, had $1.94 billion in revenue, 125% more revenue than Local Service but somehow paid half of the expenses charged to Local Service.
  • (It is coincidental that Local Service had a loss of $1.9 billion and backhaul had $1.9 billion in revenues, rounded.)

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Bruce Kushnick

Bruce Kushnick

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New Networks Institute,Executive Director, & Founding Member, IRREGULATORS; Telecom analyst for 40 years, and I have been playing the piano for 65 years.