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NEW NETWORKS INSTITUTE STUDY REVEALS AT&T DIVESTITURE IMPACT; STARTLING FINDINGS TO BE PRESENTED AT NEWS CONFERENCE

 NEW NETWORKS INSTITUTE STUDY REVEALS AT&T DIVESTITURE IMPACT;
 STARTLING FINDINGS TO BE PRESENTED AT NEWS CONFERENCE
 Wednesday, July 29, 10 a.m.
 National Press Club, Murrow Room
 14th and F streets N.W., Washington
 Presenter: Bruce Kushnick, president, New Networks Institute
 New Networks Institute issued the following:
 The New Networks Institute, headquartered in New York, will reveal research from Phase One of a project called "10 Years Since Divestiture: The Future of the Information Age." The findings thus far are both startling and disturbing:
 -- FCC statistics on local charges are woefully incomplete. Charges to consumers and business have increased nationwide an average of 315 percent, not 50 percent as stated by the FCC. NYC charges have increased 553 percent since 1980.
 -- The Regional Bells have changed their mandate from supplying "Universal Service at a Reasonable Price," to pursuing a strategy which first serves their investors. $11.3 billion has been spent in the last three years on foreign investments.
 -- Using their natural monopoly positions, the Regional Bells are costing telephone users $5.6 billion in charges for toll calls, while the average consumer bill shows over $125 a year in added fees and expenses.
 -- The decisions that face Congress on the future of telecommunications are based on a great deal of incomplete information and should obviously be reexamined.
 -- While the discussions in Congress center around new freedoms for the Regional Bells, based on the New Networks Institute's extensive research, we believe that the issues should center around exploring dismantling them.
 This research is the first to examine the impacts of divestiture on the consumer and business user and is based on actual charges and payments of telephone bills from 1980-92. This information was then combined with data from over 1,600 separate documents, sources including the FCC, the Department of Justice, BellCore, NARUC, telephone company annual reports, tariffs and product literature.
 NOTE: For more information and to RSVP, contact Sonya Gabay at Young & Associates, 301-309-9404.
 CONTACT: Sonya Gabay or Jean Young of Young & Associates, 301-309-9404, for New Networks Institute; or Bruce Kushnick of New Networks Institute, 212-837-7867.
 -0- 7/27/92


CO: New Networks Institute ST: District of Columbia IN: TLS SU:

DC -- DC003 -- 3343 07/27/92 08:40 EDT
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Date:Jul 27, 1992
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