Consumers Deserve the Benefits of Cable Competition

Consumers Deserve the Benefits of Cable Competition

Legislation Would Release Businesses From Industry Monopoly

WASHINGTON, Feb. 15 /PRNewswire/ -- Alaska Senator Ted Stevens is to be applauded for convening today's February 15th hearing to take a new look at the federal Telecommunications Act, and specifically, bringing about a debate on true competition in the cable television marketplace.

Franchise reform is needed to introduce both, choice for consumers and to spur economic growth and innovation in the business sector. The cable industry has been status quo for years. The result of a monopoly in each community has been a halt to the introduction of new and better cable products to consumers, but no end to the ever increasing rates we all pay for this diminished choice and service.

Such reform will have a large and direct impact on the constituency of the NBCC which is comprised of over 97% small business. Also, the customer base of NBCC businesses will have more buying power and access to the top quality technology that can enable them to compete in the global marketplace. There are more than one million African American owned businesses in the United States and the NBCC has direct access to over one hundred thousand of them.

We urge Congress to act as swiftly and decisively as possible, to bring the benefits of cable competition to America.

For more information, please call NBCC at (202) 466-6888 or visit http://www.nationalbcc.org/. The National Black Chamber of Commerce is dedicated to economically empowering and sustaining African American communities through entrepreneurship and capitalistic activity within the United States and via interaction with the Black Diaspora.

Source: National Black Chamber of Commerce

CONTACT: Kay DeBow of National Black Chamber of Commerce,
+1-202-466-6888

Web site: http://www.nationalbcc.org/

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