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SOUTHERN BELL SETTLEMENT AGREEMENT GETS COMMISSION APPROVAL: RATE REDUCTIONS START IN 30 DAYS

 MIAMI, Jan. 18 /PRNewswire/ -- The Florida Public Service Commission today unanimously approved the Southern Bell Rate Case settlement agreement reached with the Office of Public Counsel earlier this month. The vote means some rate reductions for Southern Bell customers will start in 30 days, beginning with the elimination of the $1.00 per month per line touch-tone charge.
 The agreement, which was announced jointly with the Office of Public Counsel, the American Association of Retired Persons, and the Florida Consumer Action Network on January 5, effectively ends the company's rate case that had been pending before the FPSC since 1992. It was also endorsed by Florida's Attorney General.
 The settlement calls for more than $300 million in rate reductions over the next 4-years. Southern Bell/Florida President Joseph Lacher says the commission's vote means Florida consumers will benefit. "This agreement is in everyone's best interest. We're gratified the PSC recognized that."
 -0- 1/18/94
 /CONTACT: Wendie Feinberg of Southern Bell, 904-222-9380 or (beeper) 800-946-4645, pin no. 109-0280/


CO: Southern Bell ST: Florida IN: TLS SU:

DP-RK -- FL014 -- 2913 01/18/94 16:04 EST
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Publication:PR Newswire
Date:Jan 18, 1994
Words:185
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