$80 Billion Phone Scam? Or: Making MCI look like a piker
TeleTruth.org has filed a complaint alleging that Verizon (and the companies that merged to form it) have vastly inflated the amount and cost of missing equipment to the tune of $20-$80B. Why? Presumably because this “vaporware” counts as an expense that can be passed on to the consumer in the former of higher rates.
This one, if true, would scrape the field clean.
The press release is here. There’s a table of contents here. And, oddly, if you click on the link to the “Executive Summary,” (http://www.newnetworks.com/auditexecsum.html), it actually takes you to the Microsoft security home page.
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