Bell Atlantic Reduces Rates for Some Consumers, Businesses in New York State.ALBANY--(BUSINESS WIRE)--Aug. 28, 1997--About 370,000 Bell Atlantic (NYSE NYSE See: New York Stock Exchange : BEL) residence customers throughout New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of state and most business customers in the state will pay less for local phone service starting Sept. 1. The planned rate reductions are taking place as the company enters the third year of a seven-year rate agreement approved by the New York Public Service Commission in 1995. On Monday, Bell Atlantic will reduce monthly flat-rate charges for residential customers in 152 communities across the state by about 70 cents a month. This is a reduction of about four percent. This decrease represents the third and final year of phased-in price reductions for flat-rate residential customers throughout New York state. With these price reductions, Bell Atlantic will have reduced the flat rate charge for about 1.1 million New York state residence customers since September, 1995. (A list of the affected communities is included at the end of this release) In addition, the $1.30 monthly charge to business customers for Touch-tone service will be eliminated. The 50-cent monthly Touch-tone charge for residential customers was eliminated in 1995, when the company began operating under the rate agreement, known as the Performance Regulation plan. "New Yorkers continue to enjoy the benefits of this new form of regulation that recognizes the realities of the competitive marketplace in this state and provides benefits for consumers, businesses, the state, our company and its investors," said William Allan William Allan may refer to:
The price reductions are part of previously announced, overall rate reductions that will total about $1.9 billion over seven years. In addition, basic business and residential rates have been frozen through the year 2002 and the company agreed to stringent service quality standards. As part of the plan, Bell Atlantic has no cap on its earnings in New York state. The new Bell Atlantic -- formed through the merger of Bell Atlantic and NYNEX NYNEX New York-New England & X for the Unknown (Telephone Company) NYNEX New York Network Exchange -- is at the forefront of the new communications, information and entertainment industry. With 40 million telephone access lines and 5.5 million wireless customers worldwide, Bell Atlantic companies are premier providers of advanced wireline voice and data services, market leaders in wireless services and the world's largest publishers of directory information. Bell Atlantic companies are also among the world s largest investors in high-growth global communications markets, with operations and investments in 21 countries. INTERNET USERS: Bell Atlantic news releases, executive speeches, news media contacts and other useful information are available at Bell Atlantic's News Center on the World Wide Web (http://www.ba.com). To receive news releases by e-mail, visit the News Center and register for personalized automatic delivery of Bell Atlantic news releases. -0- List of communities affected by residential flat-rate price reduction: CENTRAL NEW YORK Central New York is a term used to broadly describe the central region of New York State, roughly including the following counties and cities: Cayuga County – Auburn Cortland County – Cortland Madison County – Oneida : Alexandria Bay, Antwerp, Auburn, Avoca, Bath, Big Flats Big Flats can refer to:
Palmyra (pălmī`rə), ancient city of central Syria. A small modern village known as Tudmur is on the site. , Penn Yan, Pottsdam, Richfield Springs, Schenevus, Seneca Falls, Star Lake, Theresa, Waddington, Watertown, Watkins Glen, and Waverly. LONG ISLAND: Atlantic, Center Moriches, Eastport, Hampton Bays, Montauk Point, Peconic, Quogue, Riverhead riv·er·head n. The source of a river. , Sag Harbor, Shelter Island, Shoreham, Southold, and Wading River. MIDSTATE NEW YORK/WESTCHESTER AREA: Birchwood, Carmel, Chappaqua, Cold Spring, Croton croton, in botany croton (krō`tən), any of several species of Codiaeum that are widely cultivated as ornamentals and houseplants. The most popular species is C. Falls, Garrison, Katonah, Lewisboro, Mahopac, Peekskill, Piermont, Sloatsburg, Suffern, and Tuxedo. NORTHEAST NEW YORK: Amenia, Argyle, Bolton Landing, Brainardsville, Cairo, Callicoon, Chateaugay, Claverack, Fallsburg, Fort Ann, Freehold, Grahamsville, Hague, Hartford, Hoosick Falls, Jeffersonville, Katskill Bay,Lake George, Lake Huntington, Lake Placid, Liberty, Livingston Manor, Malone, Mineville, Moira, Monticello, Palenville, Philmont, Phoenica, Port Henry, Putnam, St. Regis Falls, Saranac Lake, Saugerties, Schroon Lake, Schuylerville, Shokan, Tupper Lake, Warrensburg, White Lake, Whitehall, Willsboro, and Woodstock. WESTERN NEW YORK
Western New York refers to the westernmost region of New York State. : Akron(A), Albion, Alden(A), Angelica, Angola(A), Attica, Barker, Bliss, Boston(A), Cattaraugus, Chaffee(A), Cherry Creek, Clarence(A), Clarence Center(A), Derby(A), Elba, Ellicottville, Franklinville, Friendship, Hinsdale, Java (A), Little Valley, Limestone, Lyndonville, Medina, Middleport, Newfane, Springville (A), and Wellsville. (A) Only those customers who currently purchase Residence Community Service in these exchanges will receive the reduction. CONTACT: Bell Atlantic, Albany Mark Marchand, 518/396-1080 Mark_Marchand@SMTP (Simple Mail Transfer Protocol) The standard e-mail protocol on the Internet and part of the TCP/IP protocol suite, as defined by IETF RFC 2821. SMTP defines the message format and the message transfer agent (MTA), which stores and forwards the mail. .NYNEX.COM |
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