The billion-dollar prison telecom industry is in for a bumpy ride. In July, the Federal Communications Commission (FCC) voted unanimously to rein in the egregious rates charged for prison communication services, a move that spells trouble for the industry’s major players.
The Slow Death of a Prison Profiteer: How Activism Brought Securus to the Brink
Last week, the nation’s largest prison and jail telecom corporation, Securus, effectively defaulted on more than a billion dollars of debt. The slow death of the largest player in this space is not accidental. It follows six years of intense advocacy to expose the vulnerability of the prison telecom industry’s business model on both ethical and economic grounds.