California Assembly Approves Video Franchise Bill

The California Assembly voted to approve Bill 2987, which would overhaul the state's cable franchising process and pave the way for new competitors, including AT&T and Verizon. The bill, authored by Speaker Fabian Núñez and Assembly member Lloyd Levine, had earlier been passed by the Assembly's Utilities and Commerce Committee and Appropriations Committee.



Verizon West Region President Tim McCallion said "Verizon has stepped up to the plate in California, spending hundreds of millions of dollars to deploy a unique fiber-optic technology that gives consumers the most advanced technology available all the way to their homes. More than 1,000 new employees are working today to build this new system, so not only are we creating exciting new options for consumers, but also important new jobs."http://www.verizon.com