----------------------------------------------------------------------
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