Cincinnati Bell Telephone reports on PUCO rulings.

CINCINNATI--(BUSINESS WIRE)--June 1, 1995--Cincinnati Bell Telephone (CBT) customers will be paying less for Touch Tone service. The Public Utilities Commission of Ohio (PUCO) approved a 10 cent a month reduction in Touch Tone service rates today. Charges for residential customers go from 92 cents to 82 cents a month. The reduction for business customers is larger -- going from $1.88 to $1.69 a month, a reduction of 19 cents.

In a second ruling, the PUCO reduced the rate CBT charges long distance companies to complete calls over the CBT network. The charge is reduced from 1.9 cents a minute to 1.73 cents a minute. It is up to the long distance companies to determine whether they will pass the savings along to their customers through lower rates.

The reductions are part of CBT's alternative regulation plan approved by the PUCO in May, 1994.

The commission also ruled that CBT's rate of return does not exceed the 11.93 percent ordered in the alternative regulation agreement. Had the rate of return exceeded the 11.93 percent, the PUCO would have ordered CBT to return the overage to its customers.

Cincinnati Bell Telephone provides modern telecommunications products and services in a three-state area including portions of Ohio, Kentucky, and Indiana. The company has 888,000 access lines and has customers in an area covering more than 2,400 square miles.

CONTACT: Cincinnati Bell Telephone, Cincinnati

Kyle Hill, 513/397-1240