LAWSUITS NEWS & LEGAL INFORMATION
Qwest Communications reached an agreement in 2001 with the State of New Mexico to spend $788 million on the state's telecommunications system over five years. The telecommunications company fell short about $220 million on its agreement and the state Public Regulation Commission (PRC) ordered the company to spend the full amount by March 2006 or refund money to its customers. The company sued, saying the commission wasn't authorized to demand the order, but the Supreme Court agreed with the PRC and a settlement has been reached whereby Qwest will spend $265 million on New Mexico's telecommunications system over a 42-month period. (Jul-27-06) [SANTA FE NEW MEXICAN]
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Published on Jul-31-06
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