Verizon: Maryland PSC's Order on Proposed Settlement of Telecom Issues Would Jeopardize Numerous Consumer Benefits

BALTIMORE, Md. - The Maryland Public Service Commission (PSC) Monday night (April 6) issued an order on a proposed settlement of several regulatory cases reached by the state Office of People's Counsel, the PSC staff and Verizon.  The following statement should be attributed to William R. Roberts, Verizon regional president for Maryland and Washington, D.C.

"The proposed settlement in question was reached after months of intense negotiations among the Office of People's Counsel, the commission's own staff and Verizon, and it resolved issues pending in several separate commission cases. 

"Unfortunately, the recommendations in the commission's order would jeopardize numerous tangible consumer benefits proposed in the settlement, including rate stability for basic local voice service, drastically reduced rates for foreign-exchange service, payments to customers for service-related issues, and a regulatory structure that would allow Verizon to compete more nimbly with unregulated competitors in Maryland - competitors subject to none of the regulations imposed on Verizon."