Also, it removes or drastically reduces regulatory requirements – many with financial penalties – that are no longer necessary in this highly competitive environment. Reed said the new regulations provide a reduction of penalty exposure from $12.5 million to $2 million per year.The reform legislation in both New Hampshire and Maine had strong bipartisan support, and was also backed by broadbased coalitions that included cable companies, incumbent local exchange companies, wireless providers, consumer groups and business trade groups.
FairPoint Benefits From Regulatory Reform In Maine, New Hampshire And Vermont
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