Bell Atlantic-DE Customers Benefit from Basic Rate Reductions
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FOR IMMEDIATE RELEASE
June 27, 1996
BELL ATLANTIC-DELAWARE CUSTOMERS BENEFIT FROM BASIC RATE
Regulatory Reform Legislation Triggers Rate Break
for Second Straight Year
WILMINGTON, DE -- Lower rates for some Bell Atlantic
in Delaware take effect July 1. Bell Atlantic-Delaware is making the
rate reductions for the second time in two years under the
Telecommunications Technology Investment Act (TTIA).
The act allows Bell Atlantic to annually adjust rates for basic
telephone services using a formula based on the national inflation
rate, minus a three percent productivity offset. In 1996, the formula
will result in about $200,000 in annual savings to Bell Atlantic
"The TTIA continues to benefit Delaware consumers and
said Joshua W. Martin
III, president and CEO of Bell
Atlantic-Delaware. "The legislation has resulted in affordable
rates for all Delawareans and accelerated construction of a
telecommunications network in Delaware that is second to none.
Clearly, the TTIA has accomplished all the General Assembly and
Governor Carper envisioned when the bill was enacted."
The rate reductions include:
- Reduction of ten cents on monthly rates for business
service from $22.38 to $22.28.
- Reduction of charges for voluntary suspension of residence phone
service from $29.72 to $10.
- Reduction of three to four cents on monthly rates for unlimited
local calling by residential customers.
- Elimination of one-time connection charges for Bell Atlantic®
IQ® Services of $4.99 for residential customers and $9.99 for
- Reduction of access rates paid by long distance companies to connect
to the Bell Atlantic-Delaware network.
Bell Atlantic Corporation (NYSE: BEL) is at the forefront of the new
communications, entertainment and information industry. In the
mid-Atlantic region, the company is the premier provider of local
telecommunications and advanced services. Globally, it is one of the
largest investors in the high-growth wireless communication
marketplace. Bell Atlantic also owns a substantial interest in
Telecom Corporation of New Zealand and is actively developing
high-growth national and international business opportunities in all
phases of the industry.
- Ells Edwards, 302-576-5340