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The Telecom Digest for Sun, 29 Mar 2020
Volume 39 : Issue 74 : "text" format

Table of Contents
Frontier Communications to Enter 60-Day Grace Period on Interest Payment
Arbitrator's Mistake Justifies Reversal in AT&T, Union Dispute
Lawsuit forces CenturyLink to stop charging "Internet Cost Recovery Fee"
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---------------------------------------------------------------------- Message-ID: <20200329002147.GA31784@telecom.csail.mit.edu> Date: Sun, 29 Mar 2020 00:21:47 +0000 From: Moderator <telecomdigestsubmissions@remove-this.telecom-digest.org> Subject: Frontier Communications to Enter 60-Day Grace Period on Interest Payment Continuing Constructive Discussions with BondholdersServing Customers Without Interruption and Working with Business Partners as Usual Frontier Communications Corporation FTR, -6.49% today announced that it has elected to defer making the interest payments due on March 16, 2020 on certain of its senior unsecured notes and enter a 60-day grace period as it continues constructive discussions with its bondholders regarding Frontier's capital structure. https://www.marketwatch.com/press-release/frontier-communications-to-enter-60-day-grace-period-on-interest-payment-2020-03-16 -- Bill Horne Telecom Digest Moderator ------------------------------ Message-ID: <20200328175412.GA28803@telecom.csail.mit.edu> Date: Sat, 28 Mar 2020 17:54:12 +0000 From: Moderator <telecomdigestsubmissions@remove-this.telecom-digest.org> Subject: Arbitrator's Mistake Justifies Reversal in AT&T, Union Dispute An arbitrator had the power to vacate a grievance award in favor of the Communications Workers of America and issue a modified opinion siding with an AT&T subsidiary after realizing he'd made a mistake in reaching his initial conclusion, the Fifth Circuit ruled Friday. https://news.bloomberglaw.com/daily-labor-report/arbitrators-mistake-justifies-reversal-in-at-t-union-dispute -- Bill Horne Telecom Digest Moderator ------------------------------ Message-ID: <20200328234246.GA31546@telecom.csail.mit.edu> Date: Sat, 28 Mar 2020 23:42:46 +0000 From: Moderator <telecomdigestsubmissions@remove-this.telecom-digest.org> Subject: Lawsuit forces CenturyLink to stop charging "Internet Cost Recovery Fee" Settlement brings refunds to customers but applies only in Washington state. By Jon Brodkin CenturyLink has agreed to pay a $6.1 million penalty after Washington state regulators found that the company failed to disclose fees that raised actual prices well above the advertised rates. CenturyLink must also stop charging a so-called "Internet Cost Recovery Fee" in the state, although customers may end up paying the fee until their contracts expire unless they take action to switch plans. https://arstechnica.com/tech-policy/2019/12/lawsuit-forces-centurylink-to-stop-charging-internet-cost-recovery-fee/ -- Bill Horne Telecom Digest Moderator ------------------------------ ********************************************* End of telecom Digest Sun, 29 Mar 2020
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