Virginia General Assembly Passes Cable Choice Bill

Compromise Legislation Will Hasten Consumer Choice, Competition for Cable

Service; Moves to Governor for Signature into Law



Feb 27, 2006, 00:00 ET from Verizon

    RICHMOND, Va., Feb. 27 /PRNewswire/ -- The Virginia General Assembly
 Senate and House of Delegates have passed legislation that will hasten
 competition for cable television services in the state.  The bill now moves to
 Gov. Timothy M. Kaine for his signature into law.  If signed by Gov. Kaine,
 the new law will take effect July 1.  The following statement should be
 attributed to Robert W. Woltz Jr., president of Verizon Virginia.
     "Virginians today are another major step closer to having more competitive
 choices for their cable television services.  In July, Virginia will join
 Texas as a pioneer in bringing cable choice to consumers more quickly.
     "Everyone wins when companies compete, and now Virginians will see greater
 innovation, better value and real choice for subscription TV.
     "With this compromise legislation, Verizon will be able to accelerate
 investment in our fiber-optic network in Virginia, more quickly adding an
 awesome FiOS TV component to our reliable voice phone service and blazing-fast
 FiOS Internet Service.
     "No party got all it wanted in the legislation, but the end result is one
 Verizon believes will stimulate competition, increase consumer choice and
 provide localities with continued control over their rights of way, consistent
 with the legal requirements in Virginia.
     "We will have more to say about our investment plans in Virginia in coming
 days, but it's safe to say that -- as this legislation becomes law -- those
 plans will reflect the progressive business environment in the Commonwealth.
     "Our hats are off to the members of the General Assembly who have approved
 this legislation -- particularly Dels. Terry Kilgore and Morgan Griffith and
 Sens. Walter Stosch and Kenneth Stolle, who along with Mark Rubin -- senior
 advisor to Gov. Kaine -- forged this compromise."
 
 

SOURCE Verizon
    RICHMOND, Va., Feb. 27 /PRNewswire/ -- The Virginia General Assembly
 Senate and House of Delegates have passed legislation that will hasten
 competition for cable television services in the state.  The bill now moves to
 Gov. Timothy M. Kaine for his signature into law.  If signed by Gov. Kaine,
 the new law will take effect July 1.  The following statement should be
 attributed to Robert W. Woltz Jr., president of Verizon Virginia.
     "Virginians today are another major step closer to having more competitive
 choices for their cable television services.  In July, Virginia will join
 Texas as a pioneer in bringing cable choice to consumers more quickly.
     "Everyone wins when companies compete, and now Virginians will see greater
 innovation, better value and real choice for subscription TV.
     "With this compromise legislation, Verizon will be able to accelerate
 investment in our fiber-optic network in Virginia, more quickly adding an
 awesome FiOS TV component to our reliable voice phone service and blazing-fast
 FiOS Internet Service.
     "No party got all it wanted in the legislation, but the end result is one
 Verizon believes will stimulate competition, increase consumer choice and
 provide localities with continued control over their rights of way, consistent
 with the legal requirements in Virginia.
     "We will have more to say about our investment plans in Virginia in coming
 days, but it's safe to say that -- as this legislation becomes law -- those
 plans will reflect the progressive business environment in the Commonwealth.
     "Our hats are off to the members of the General Assembly who have approved
 this legislation -- particularly Dels. Terry Kilgore and Morgan Griffith and
 Sens. Walter Stosch and Kenneth Stolle, who along with Mark Rubin -- senior
 advisor to Gov. Kaine -- forged this compromise."
 
 SOURCE  Verizon

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