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Carlyle Bid for Verizon
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Verizon Hawaii Purchase Public Hearings Schedule
http://pacific.bizjournals.com/pacif...0/daily25.htmlCheck out my blog on Kona issues :
The Kona Blog
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Verizon Hawaii Public Hearings Coming Up
Just a reminder the Hawaii PUC hearings on the Verizon Hawaii purchase
by TCG are coming up soon. http://www.state.hi.us/budget/puc/puc.htm
listed under Public Hearings -Docket No. 04-0140 or located here
http://tinyurl.com/4v9pn .
Here is a letter to the editor I submitted to some newspapers locally.
The purchase of Verizon Hawaii by The Carlyle Group
is not in the best interest of the people of Hawai for a number
of reasons. Firstly I question TCG's commitment to Hawaii.
They recently unloaded Horizon Lines after only one year of
ownership for a tidy profit. TCG's investors expect high ROI.
Owning a telephone company will not bring you a high ROI.
Thus it would not surprise me they quickly unload Verizon Hawaii
after a short period of time.
Secondly I'm concerned how this will effect my DSL service
currently offered by Verizon Online. Since Verizon will be out of
the picture I'm afraid my monthly DSL cost will go up from 29.95
a month. I could keep Verizon Online if I wanted to after the
purchase. But the catch is it will definitely be higher than
29.95 a month I'm currently paying. Currently getting DSL
from a local reseller costs more than double the 29.95 rate
charged by Verizon.
Lastly I know TCG promised no rate increases for 10 years.
But the numbers do not add up. With the added cost of
bringing the back office operations currently on the mainland
back to Hawaii among other things. The numbers won't work
unless TCG does do a rate increase in my opinion.
I urge anyone who is concerned about this acquisition to attend
the Hawaii PUC public hearings http://www.state.hi.us/budget/puc/puc.htm
listed under Public Hearings -Docket No. 04-0140 or located here
http://tinyurl.com/4v9pn .
The people of Hawaii depend on reliable telephone service.
Allowing a carpetbagger company like TCG purchase a critical
utility like Verizon Hawaii is bad for the people of Hawaii.
Aaron S
Kailua-KonaLast edited by Aaron S; October 2, 2004, 01:05 PM.Check out my blog on Kona issues :
The Kona Blog
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Re: Carlyle Bid for Verizon
Verizon to be Hawaiian Telcom
For longtime Hawai'i residents, a proposed new name for Verizon Hawaii's telephone business may have a familiar ring. Washington, D.C.-based The Carlyle Group, which plans to buy the business for $1.65 billion, this morning announced the new company would be named Hawaiian Telcom. The name is meant to be a modern twist on Hawaiian Tel, which was the shortened name many residents used for Hawaiian Telephone Co. before the change to Verizon Hawaii in 2000.
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Re: Carlyle Bid for Verizon
Originally posted by pzarquon
Miulang"Americans believe in three freedoms. Freedom of speech; freedom of religion; and the freedom to deny the other two to folks they don`t like.” --Mark Twain
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Re: Carlyle Bid for Verizon
Originally posted by LinkmeisterMore importantly, do you suppose all the names on the Verizon dialup and DSL sign-in screens will change? And what impact might that have on us poor benighted users?
Hawaiian Telecom is going to establish a ISP to provide DSL services
"Who owns the equipment for my DSL connection? Will my service continue after the sale?
Hawaiian Telcom will own the equipment used to provide DSL service after the closing of the sale. DSL services will continue after the sale with no changes. Hawaiian Telcom is establishing ISP and email services as part of the DSL service offering."
But I have my doubts. I'm terribly afraid my DSL rate of 29.95 per month
will go up .Check out my blog on Kona issues :
The Kona Blog
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Re: Carlyle Bid for Verizon
Originally posted by Aaron SBut I have my doubts. I'm terribly afraid my DSL rate of 29.95 per month will go up .
Also, just got wind of this University of Phoenix "brown bag" lunch on Monday, Oct. 18, featuring Pat Bustamante, President/COO of Pacific LightNet Communications. PLNC has been one of the most outspoken critics of the Carlyle deal, and I'm sure Bustamante will be able to add much more detail and insight to what we've heard via the media thus far. It's at the UOP campus at 828 Fort Street. Here's the UOP announcement:
Join telecommunications industry executive, Pat Bustamante, as he discusses issues and concerns related to the Carlyle Group's $1.65B bid for Verizon Hawaii. The pending sale includes Verizon Hawaii's local access lines, and the services and assets of Verizon's long distance, online and directory publishing businesses in Hawaii.
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Re: Carlyle Bid for Verizon
Originally posted by pzarquonI hope not. I don't think $29.95 is that much of a discount over its primary competitor (cable modem access from Oceanic)
of money. Even after the USF fees are calculated in my 1.5Mbps/384K
DSL is about 32.35. Which is still a great savings over Road Runner.
Pat Bustamante, President/COO of Pacific LightNet Communications.
why we should be concerned about this acquisition.Check out my blog on Kona issues :
The Kona Blog
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Re: Carlyle Bid for Verizon
I'm not sure what I'd do. It depends how steep the increase is
and how bad the cutover from Verizon to Hawaii Telecom is.
Bottom line I want to stay as far a way from going back
to using Oceanic Time Warner's Road Runner service.Check out my blog on Kona issues :
The Kona Blog
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Re: Carlyle Bid for Verizon
Originally posted by Aaron SI'm not sure about you, but I think saving 15.00 a month is a great deal of money.
Also, Oceanic has the luxury of discounting this and that when you bundle services, so they can feel like a "deal" when you take into account all the amenities you're offered.
I prefer DSL for the technology as much as for the price. But yeah, we'll have to wait and see what Carly... I mean, Hawaiian Telcom (I keep typing "Telecom") offers. I'm hoping the pricing and the service will remain the same, and we'll just have the added benefit of a local techincal support and installation team.
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Re: Carlyle Bid for Verizon
The reason why the phone company has more tacked on fees is because
they are more government regulated than the cable companies. Here is
a link that better explains it.
http://www.fcc.gov/Bureaus/Cable/New.../nrcb0201.htmlCheck out my blog on Kona issues :
The Kona Blog
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Re: Carlyle Bid for Verizon
Carlyle makes case for Verizon Hawai'i deal
Sean Hao, Honolulu Advertiser, Oct. 6, 2004
Officials from the Carlyle Group met with some resistance last night as they sought to assure consumers and regulators that a proposed acquisition of Verizon Hawaii would be good for Hawai'i... "This whole idea of local, local, local — to me, it's kind of an oxymoron because you're talking about a local company owned by a global equity firm," [Halawa resident Keali'i Collier] said.
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