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Verizon Defends New Cable Deals as Media Companies Complain

TALI ARBEL, AP Business Writers JOSEPH PISANI, AP Business Writers NEW YORK (AP) — Verizon is defending its new, cheaper cable packages that let customers choose groups of channels as media companies protest. Francis Shammo, Verizon’s chief financial officer, said in a conference call Tuesday that the new packages are allowed “under our existing contracts.” […]