I should first say I am not defending a hideously complicated regulatory and tax code. But this quote from Verizon Communications CEO Ivan Seidenberg is interesting. The company, and the other big local phone companies, have said for years they wouldn't invest more in broadband until the FCC ruled their way on a bunch of regulatory issues, essentially overturning much of the 1996 Telecommunications Act.
Well, they got their way on most of it, and are now starting to roll out fiber projects. But today we hear Seidenberg say the following: "Verizon's future depends on our continued … Read more