On Long Island our power lines are above ground.
An ice storm, a hurricane, the power can be out for days,
(Obviously I'm an asshole, I've lived here 35 years and never had my power out for more than six hours at a time.)
Still, I pay Verizon $60 per month (and of course $60 for Verizon is somehow actually $90) for one line while I pay Cablevision $14.95 for the other, and the Verizon line is out every few months and the cable line has never been out.
So, yes.