Worth Rises — FCC VOTES UNANIMOUSLY TO SIGNIFICANTLY LOWER PHONE AND VIDEO COMMUNICATION COSTS AFTER DECADES OF EXPLOITATION BY PRISON TELECOMS
The new rules will impact the prison telecom industry deeply. Loss of revenue is expected to be in the hundreds of millions of dollars (though not equal to the savings to incarcerated people and their families as the industry's business model shifts and correctional agencies purchase security and surveillance services directly). This comes as the two largest market players, Aventiv and ViaPath, each navigate financial crises. Aventiv recently effectively defaulted on its $1.3 billion debt after ...
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