CenturyTel Obtains Favorable Order Regarding Arkansas Calling Plans.Business Editors/Technology Writers MONROE, La.--(BUSINESS WIRE)--Aug. 17, 2001 CenturyTel, Inc. (NYSE NYSE See: New York Stock Exchange : CTL See control key. 1. CTL - Checkout Test language. 2. CTL - Compiler Target Language. 3. CTL - Computational Tree Logic ) today announced that the Arkansas Public Service Commission The Arkansas Public Service Commission (APSC) regulates the service and rates of those utilities subject to its jurisdiction in Arkansas. When it was originally created by the General Assembly in 1899, this was only the Railroads. has approved tariff amendments that limit the number of minutes included for a flat rate in the Company's extended area optional calling plans. The order will take effect September 6, 2001. CenturyTel anticipates the Company will save approximately $5.0 million per quarter in terminating access expenses as a result of this order. The benefit of these expense reductions will not be fully reflected in CenturyTel's operating results until January 2002, due to a four-month lag in the settlement process through the Arkansas Common Carrier Line Pool. CenturyTel, Inc. provides communications services including local exchange, wireless, long distance, Internet access See how to access the Internet. and data services to more than three million customers in 21 states. The company, headquartered in Monroe, Louisiana, is publicly traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol CTL. CenturyTel is the 8th largest local exchange telephone company, based on access lines, and the 8th largest cellular company, based on population equivalents owned, in the United States. Visit CenturyTel's corporate Web site at www.centurytel.com |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion