Thursday, September 10, 2009
Highly unusual meeting . . .
Forbes reports
[Yesterday there was] a highly unusual joint meeting of the New Hampshire Public Utilities Commission, the Maine Public Utilities Commission and the Vermont Public Service Board. The goal was to give regulators an update on FairPoint's efforts to stabilize its troubled operation systems, as well as organizational changes and financial matters.Seven months ago. Problems ever since. You think Verizon had any idea what it was selling? Did the PUCs of Maine, New Hampshire and Vermont have any idea what their states were getting? Nah, this was probably a big surprise to everybody.
FairPoint, which is based in Charlotte, N.C., owns and operates phone companies in 18 states, but its largest holdings by far are in northern New England, where it bought Verizon Communications ( VZ - news - people )' landline telephone and Internet business last year. The company officially took over the system seven months ago and has been beset with problems ever since.
Technorati Tags: Telco, Verizon
Comments:
Hmmm, not really so unusual a situation. I can think of another.
As in:
* VZ selling off peripheral assets, check.
* VZ first stocking said assets with all of its least productive deadwood personnel, check.
* VZ not cooperating with the new entity on data migration, testing, fulfillment, etc., check.
* New management completely out of its depth with the nuts and bolts of actually operating an ILEC, check.
* Said management thus believing the lies and pocketing the bribes of scumbag salesman from "we only hire recent graduates" systems integrator, check.
* Every employee, contractor, auditor, etc. with a functioning brainstem knowing beforehand what a disaster cutover would prove to be.
* The PUC maintaining a hands-off, credulous attitude not only before cutover, but after, check.
How did I find myself in this industry? I guess I should have studied harder at university.
It's not like I would dream that any PUC wouldn't be owned completely be the ILECs it regulates, but they could at least pretend to impose meaningful performance conditions before approving these deals.
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As in:
* VZ selling off peripheral assets, check.
* VZ first stocking said assets with all of its least productive deadwood personnel, check.
* VZ not cooperating with the new entity on data migration, testing, fulfillment, etc., check.
* New management completely out of its depth with the nuts and bolts of actually operating an ILEC, check.
* Said management thus believing the lies and pocketing the bribes of scumbag salesman from "we only hire recent graduates" systems integrator, check.
* Every employee, contractor, auditor, etc. with a functioning brainstem knowing beforehand what a disaster cutover would prove to be.
* The PUC maintaining a hands-off, credulous attitude not only before cutover, but after, check.
How did I find myself in this industry? I guess I should have studied harder at university.
It's not like I would dream that any PUC wouldn't be owned completely be the ILECs it regulates, but they could at least pretend to impose meaningful performance conditions before approving these deals.
# posted by 
: 9/11/2009 5:10 PM
: 9/11/2009 5:10 PM
