Verizon caps basic rates in West Virginia
Verizon has filed a plan with the West Virginia Public Service Commission that calls for a cap on basic rates through 2005 and a better than $20 million annual reduction in other rates. This plan replaces the previous Incentive Regulation Plan that expired earlier this year and which had been in place since 1988.
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The new plan ensures Verizon will continue its World School program, which brings high-speed Internet connections to public and private schools throughout the state. Plus, Verizon will contribute $15 million to help underwrite standardized mapping and addressing, an important step in the development of Enhanced 911 services.
--Glenn Bischoff, Senior Writer
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© 2012 Penton Media Inc.
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