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The strike involves Verizon's wire lines division, which include its traditional land lines to homes and business as well as FiOS.
Unlike Verizon Wireless, a joint venture in which Verizon is the majority owner, the wire lines division is heavily unionized, with the Communications Workers representing 35,000 employees and the Electrical Workers 10,000.
One of the big effects of the new legislation will be to raise the price of insurance covering to protect companies and investors against misdeeds by directors and officers, policies that are customarily purchased by the companies themselves, said John H. Treiber, the president of the commercial lines division of the Treiber Group, an insurance company in Garden City.
But the company has repeatedly said it needs to rein in costs in its wire lines division because it has lost business to wireless companies, to Internet companies like Vonage and Skype and to cable television companies, many of them nonunion, like Comcast and Time Warner.
The commercial lines division writes policies for nonprofits, sporting venues and other niche organizations, and the specialty lines division provides directors and corporate liability insurance, as well as kidnap and ransom policies.
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That opposition cuts across party lines, class divisions and education levels, perhaps explaining the growing controversy over the proposed deepening and expansion of the NAFTA model through the TPP.
The client was AT&T Long Lines, the business division.
KPN's chief executive, Ad Scheepbouwer, will take responsibility for the fixed-line division until further notice.
Vodafone Group of Britain is in the final stages of a deal to sell the land-line division of Japan Telecom Holdings to Ripplewood Holdings, an American investment fund.
The company says its traditional wire line division is struggling, while the union says Verizon's overall business, including Verizon Wireless, is thriving.
KPN's fixed-line division, for instance, runs 779 different applications, which the company itself thinks it can shrink to 80.
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