New Jersey Cable Deregulation Bill On HoldTelephone and cable companies support the measure, which was fast-tracked through the Assembly and was on its way to the governor's desk before hitting a roadblock.
Groups Warn About Phone Deregulation In NJTwo advocacy groups said deregulating phone service in New Jersey would lead to higher rates, especially for senior citizens and those who live in rural areas.

More From CBS New York

Download Weather App
60 Minutes Hear It On Demand

Watch & Listen LIVE