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Article: U.S. vote backs phone companies
- Article from:
- International Herald Tribune
- Article date:
- June 10, 2006
- Author:
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Stephen Labaton
International Herald Tribune
06-10-2006
Monopolies in many cable television markets could end under the most extensive U.S. telecommunications legislation in a decade.Supporters of the legislation, which was approved late Thursday by the House of Representatives in a lopsided vote of 321 to 101, said it would promote competition and lower costs by enabling telephone companies to offer bundled packages of video, telephone, broadband, wireless and mobile phone services in new markets. They said the legislation, which largely ratified the policy agenda of the largest U.S. telephone companies, was an important antidote to rapidly rising cable television subscription rates.But ...