And business services, like ATM machines or broadband services, are now mostly delivered over a special access wire, now renamed "business data services" by the FCC. Even competitors, like Sprint, that offer wireless service usually have to rent these special access services from the incumbent phone companies. Yet, from 2007-2015, Verizon New York's special access services increased 80%--and thus these lines have also increased. i.e., Local Service paid 117% of revenue while Special Access paid 29% of revenue. And how can Special Access services have a 66% EBITDA for mostly copper-based services while the same exact wires have massive losses?
Source: Huffington Post November 04, 2016 19:15 UTC