Verizon: Study Reinforces Why New Jersey Consumers Should Not Have to Wait for Savings on Phone Bills

Full Transparency

More of our content is being permanently logged via blockchain technology starting [10.23.2020].

Learn more

We're committed to building trust.

Going forward more of our content will be permanently logged via blockchain technology—enabling us to provide greater transparency with authoritative verification on all changes made to official releases.

Learn more

BACKGROUND -- The Telecommunications Research & Action Center (TRAC) in a study released today projects that New Jersey telephone consumers could save between $22 million and $167 million ($29 to $221 per customer) on their long-distance bills in the first year after Verizon begins offering long distance. TRAC is the nation's oldest and largest consumer group devoted exclusively to consumer interest in telecommunications. Verizon will soon file an application with the Federal Communications Commission (FCC) to offer long-distance service in the Garden State. The New Jersey Board of Public Utilities is currently reviewing evidence it will use to provide a recommendation to the FCC. The following response should be attributed to Dennis Bone, president of Verizon New Jersey.


"We are not surprised at these projected savings. Increased competition for both long-distance and local phone services was found in TRAC and Federal Communications Commission studies in New York and other states where the former Bell local phone companies offer long distance.

"The New Jersey study projects that consumers who switch to Verizon Long Distance could save from $2.46 to $18.44 per month, with the greatest savings for low-volume users, including low-income and older residents. Garden State consumers should not have to wait for these savings."

####

Related Articles

02.15.2021

Virtual Reality (VR) has begun to transform medicine in profound ways. VR solutions are being used to train doctors and to plan and practice operations.

10.23.2020

Verizon’s military discounts site shows everything you need to know about Wireless offers, FiOS savings and military career opportunities, all in one place, making it simple for service members and veterans to discover what Verizon has to offer.