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Doria Cable Competition Bill Heads to Governor's Desk, 6-19-06

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Jersey City Guide

Posted by NJ Senate Democrats on June 20, 2006 at 12:37:17:

FOR RELEASE: Immediate
June 19, 2006

CONTACT: Jason Butkowski
Tel: (609) 292-5215

Doria Cable Competition Bill Heads to Governor's Desk

TRENTON - Senator Joseph V. Doria, D-Hudson, issued the following
statement today regarding the Senate's final legislative approval, by a
vote of 31-5, of a bill that would foster cable competition in New Jersey
and allow telecommunications companies to compete in the television
broadcast arena:

"New Jerseyans will soon be able to see real savings on their cable
bills, as Statewide franchises for cable TV puts downward pressure on
rates and cable companies have to provide better deals for their consumers
or get priced out of the market. With the Governor's signature, cable
competition in New Jersey will become a reality.

"Where TV service providers have been allowed to compete, the rate
reductions have been phenomenal. In Texas, where competition was embraced
with a statewide franchise agreement similar to what we're proposing in
New Jersey, cable bills went down between 30 and 40 percent. These are
results that cannot be ignored.

"In a free marketplace, the ultimate winner is the consumer, and
that will be the case with television broadcasting services. For so long,
the very nature of cable TV kept competition out, and rates were set
arbitrarily. Now, the technology is there to build a competing
infrastructure, and we can finally bring free market mentality to bear, to
the benefit of New Jersey's cable TV consumers.

The bill now heads to the Governor's Desk to be signed into law.
###

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