Cablevision Sues Verizon over WiFi Ads

Cablevision (NYSE:CVC) has filed a lawsuit in New York against Verizon Communications (NYSE:VZ) over what the MSO says are "false ...
Feb. 2, 2015
Cablevision (NYSE:CVC) has filed a lawsuit in New York against Verizon Communications (NYSE:VZ) over what the MSO says are "false, misleading and deceptive advertising claims about WiFi service."

Cablevision issued the following statement related to the lawsuit:

"Verizon's claim that it has faster WiFi than Cablevision is false, deceptive and designed to mislead consumers. Verizon has no public WiFi network. In addition, Verizon's in-home routers are not faster than Optimum Smart Routers and cost Verizon customers hundreds of dollars while Optimum's are free. It is not a coincidence that Verizon is making false WiFi claims just as Cablevision is introducing its all-WiFi Freewheel phone, which will allow consumers to avoid Verizon's data caps and excessive data overage fees.

"This is yet another in a long line of Verizon advertising falsehoods designed to fool the public and we are calling on the court to stop Verizon. Cablevision is taking this legal action so that consumers will no longer be misled and can make informed decisions based on the facts."

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