Don’t let the government take control over a dynamic industry. Allow us to protect jobs, encourage broadband deployment, and ensure economic growth in the Empire State.
Send a letter to the State Legislature today!
We Need to Act Immediately to Protect Jobs and Investment in New York! Senate Bill-5731/Assembly Bill-2208 would impose burdensome new requirements related to the Public Service Commission’s review of merger and acquisition transactions. The bill is based on a California law that was enacted in 1989 --twenty years ago! Not only do 48 other states not have this requirement, but legislation introduced in California recently would eliminate these burdens there too.
- Senate Bill 5731/Assembly Bill 2208, known as the “Merger Poison Pill Bill,” is inequitable because it fails to include the cable companies – many of which are non-union – that provide the same services as Verizon.
- In short, this bill would exacerbate an already inequitable situation for regulated companies like Verizon that lose close to a billion dollars in net income each year.
- Verizon’s commitment to serving the State of New York is stronger than ever, evidenced by the $2.6 Billion that Verizon Telecommunications has invested throughout the state in the last two years.
- Verizon is not GM and New York is not Michigan. As one of the largest employers in the State, Verizon needs the freedom to innovate and compete with its cable competitors.
BOTTOM LINE:
At a time when banks and automobile companies are failing and being placed under government control, it is critical that companies investing and creating growth, like Verizon, be left alone to continue to thrive. We need you to act today.
Send a letter to your State Legislator today urging him or her to protect the industry that is driving New York’s economy. Fill out the privacy-protected registration form below; and then click the “Take Action” button to send this letter to your local Assembly Member or Senator.