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Technology Stocks : Verizon Communications (VZ) -- Ignore unavailable to you. Want to Upgrade?

To: CJ who wrote (95)	4/16/2001 5:13:50 PM
From: Rob Preuss	Respond to of 2207

[Verizon Wins Bid to Sell Long-Distance in Massachusetts] Apr 16 4:19pm ET WASHINGTON (Reuters) - Verizon Communications , the nation's largest local telephone company, on Monday won permission to offer long-distance service in Massachusetts despite concerns about access to its lines by competitors. The Federal Communications Commission voted 3-1 to approve Verizon's bid to enter the $2 billion market, but it comes after the company refiled its application to address concerns raised by antitrust officials and rivals that the company was not fairly making its lines available for high-speed Internet service. Before the local Bell companies created by the 1984 break-up of AT&T can offer long-distance telephone service, they must pass a 14-point federal checklist proving that their local networks are open to competition. Verizon has already won FCC permission to sell long-distance service in New York and must win approval in at least half of its home region within the next few years to be able take back most of its equity stake in Internet backbone service Genuity Inc. ======