WIUM Tristates Public Radio

Verizon

Good business folks used to nurture ventures for the long haul, paying decent wages for secure jobs, offering products and services customers valued, and paying taxes that sustained communities. Their companies were built to last. Too often, today’s corporate kingpins are instead focused on short-term gains – to the detriment of workers, customers and communities. Such companies are “built to loot,” as Chuck Collins of the Institute for Policy Studies says.

Verizon is an example of such looting, according to two unions in Year 2 of bargaining with the company.

Tower Deal Appeals to City and Verizon

Feb 9, 2012

Monmouth and Verizon have agreed, in principle, on a lease for an antenna on top of the city's water tower.

City Administrator Eric Hanson said Verizon will get more than just the antenna space.

He said, “We were able to negotiate an above-market rate for that space on the tower because they wanted to put in the ancillary building.”

Hanson said the building will house equipment.  It will be built on city property nearby.