Ameritech Opts For Full Price Regulation; Proposes 1995 Long Distance Access Prices Lower Than FCC Plan.CHICAGO--(BUSINESS WIRE)--May 9, 1995--Ameritech today informed the Federal Communications Commission Federal Communications Commission (FCC), independent executive agency of the U.S. government established in 1934 to regulate interstate and foreign communications in the public interest. (FCC (1) (Federal Communications Commission, Washington, DC, www.fcc.gov) The U.S. government agency that regulates interstate and international communications including wire, cable, radio, TV and satellite. The FCC was created under the U.S. ) that it is opting for full price regulation under the interim price cap rules announced by the Commission in March. The company also proposed to accelerate the implementation of the FCC's price cap rules by extending throughout 1995 the reductions that would normally take effect August 1. Under the FCC rules, the prices Ameritech charges long distance companies for local network connections will be reduced by a total of $27.5 million this year. If Ameritech's waiver The voluntary surrender of a known right; conduct supporting an inference that a particular right has been relinquished. The term waiver is used in many legal contexts. request is granted, the charges will be reduced by an additional $12 million in 1995. "Ameritech wants to be the first choice of our long distance industry customers for local network access," said Ronald L. Blake, president of Ameritech long distance industry services. "The price changes we're announcing today will bring us closer to the goal of our UltimateLink initiative, which put us on record as being committed to price reductions. Also, if the FCC grants our waiver, we will be under full price regulation in both the federal and state jurisdictions for the entire year -- a first for the industry. "These changes also are fully consistent with our Customers First philosophy and with our belief that customers should receive the full benefits of a competitive marketplace," Blake said. "We are confident that if the long distance companies opt to pass these savings on to the marketplace, individual consumers will benefit, too. Ameritech, one of the world's largest communications companies Communications Company is a communications unit of the United States Marine Corps. They are part of Combat Logistics Regiment 37 , 3rd Marine Logistics Group (3MLG) and III Marine Expeditionary Force (III MEF). The unit is based out of the Marine Corps Base Camp Smedley D. , helps more than 13 million customers keep in touch. The company provides a wide array of local phone, data and video services in Illinois Illinois, river, United States Illinois, river, 273 mi (439 km) long, formed by the confluence of the Des Plaines and Kankakee rivers, NE Ill., and flowing SW to the Mississippi at Grafton, Ill. It is an important commercial and recreational waterway. , Indiana, Michigan, Ohio and Wisconsin. Ameritech is creating dozens of new information, entertainment and interactive services for homes, businesses and governments around the world. One of the world's leading cellular companies, Ameritech serves more than 1.4 million cellular and 659,000 paging customers, and holds cellular interests in Norway and Poland. Ameritech owns interests in telephone companies in New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. and Hungary and in business directories in Germany and other countries. Nearly 1 million investors hold Ameritech (NYSE NYSE See: New York Stock Exchange : AIT) shares. CONTACT: Ameritech 312-750-5219 Mike Brand George Stenitzer |
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