5 ms·

Sort of, my understanding is that they mostly received tax breaks with possibly some subsidies. Either way, they received an incentive to do so.

• aroch 13y ago
  Verizon got something like $10billion in cash to build FiOS out in New York...and never did
  • JTon 13y ago
    I've heard this before. How can they "get away" not building it, legally speaking? Makes no sense to me in this context
    • aroch 13y ago
      Because of how the contract was worded, they didn't have to actually provide the service just "attempt" to or something like that
    • kdragon 13y ago
      Because the bill that awarded them the funding was written in a way where there were no repercussions for not doing so.