August 1, 1996
NYNEX Reaction To FCC Interconnection Order
The following statement should be attributed to Thomas J. Tauke, Executive
Vice President, NYNEX:
WASHINGTON--(BUSINESS WIRE)--Aug. 1, 1996--"NYNEX is pleased that the Federal Communications Commission has issued its
interconnection order on schedule. We are very anxious to move this entire
process along so we -- and our customers -- can begin to realize the benefits
promised in the Telecom Act.
"The impact of today's order on NYNEX boils down to two issues: 1) what
effect does this order have on NYNEX's drive to enter long distance?; and 2)
what is the near-term financial impact?
"While the FCC has been working on this rulemaking, NYNEX has been readying
itself for entry into the long distance market. Today's decision clears
another hurdle in our race to bring NYNEX customers more and better
telecommunications services by the end of the year.
"Opening the local telephone market is not new to us. NYNEX is a pioneer in
opening local markets to competition. We've been doing it for years in the
Northeast. Today's FCC order now provides some degree of certainty to the
process. It verifies the actions NYNEX has already been taking to facilitate
competition and gain entry into long distance in the Northeast.
"We anticipate this order will have little near-term financial impact on NYNEX. The order's treatment of access charges demonstrates that the FCC does not
want to create a rate shock for customers nor does it want to disrupt the
financial stability of the local telecommunications industry. We expect that
the FCC will continue to follow these principles in its next two very important
rulemakings -- access charge reform and universal service."
NYNEX is a global communications and media company that provides
a full range of services in the northeastern United States and
high-growth markets around the world, including the United Kingdom,
Thailand, Gibraltar, Greece, Indonesia, the Philippines, Poland,
Slovakia and the Czech Republic.
The Corporation is a leader in the telecommunications, wireless communications,
cable television, directory publishing
and entertainment and information services.
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