08.28.1997|Corporate

Bell Atlantic Reduces Rates for Some Consumers, Businesses in New York State


Bell Atlantic Reduces Rates for Some Consumers, Businesses in New York State


August 28, 1997


Media contacts: Mark Marchand
518-396-1080
Mark Marchand

ALBANY, N.Y. -- About 370,000 Bell Atlantic residence customers throughout New York state and most business customers in the state will pay less for local phone service starting Sept. 1. The planned rate reductions are taking place as the company enters the third year of a seven-year rate agreement approved by the New York Public Service Commission in 1995.

On Monday, Bell Atlantic will reduce monthly flat-rate charges for residential customers in 152 communities across the state by about 70 cents a month. This is a reduction of about four percent. This decrease represents the third and final year of phased-in price reductions for flat-rate residential customers throughout New York state. With these price reductions, Bell Atlantic will have reduced the flat rate charge for about 1.1 million New York state residence customers since September, 1995.

(A list of the affected communities is included at the end of this release)

In addition, the $1.30 monthly charge to business customers for Touch-tone service will be eliminated. The 50-cent monthly Touch-tone charge for residential customers was eliminated in 1995, when the company began operating under the rate agreement, known as the Performance Regulation plan.

"New Yorkers continue to enjoy the benefits of this new form of regulation that recognizes the realities of the competitive marketplace in this state and provides benefits for consumers, businesses, the state, our company and its investors," said William Allan, Bell Atlantic vice president for Regulatory Affairs in New York. "Our customers are seeing competitive pricing and improved service quality while the company no longer operates under the traditional rate-of-return regulation here."

The price reductions are part of previously announced, overall rate reductions that will total about $1.9 billion over seven years. In addition, basic business and residential rates have been frozen through the year 2002 and the company agreed to stringent service quality standards. As part of the plan, Bell Atlantic has no cap on its earnings in New York state.

The new Bell Atlantic -- formed through the merger of Bell Atlantic and NYNEX -- is at the forefront of the new communications, information and entertainment industry. With 40 million telephone access lines and 5.5 million wireless customers worldwide, Bell Atlantic companies are premier providers of advanced wireline voice and data services, market leaders in wireless services and the world's largest publishers of directory information. Bell Atlantic companies are also among the world's largest investors in high-growth global communications markets, with operations and investments in 21 countries.

List of communities affected by residential flat-rate price reduction:

CENTRAL NEW YORK: Alexandria Bay, Antwerp, Auburn, Avoca, Bath, Big Flats, Cameron, Canaseraga, Caton, Clayton, Copenhagen, Corning, Edmeston, Elmira, Fayette, Groton, Hartwick, Heuvelton, Hobart, Hornell, Ithaca, Lansing, Lindley, Little Falls, Lyons, MacDougall, Massena, McLean, Milford, Natural Bridge, Newark, Newfield, Nichols, Norwood, Ogdensburg, Oneida, Oswego, Otego, Owego, Palmyra, Penn Yan, Pottsdam, Richfield Springs, Schenevus, Seneca Falls, Star Lake, Theresa, Waddington, Watertown, Watkins Glen, and Waverly.

LONG ISLAND: Atlantic, Center Moriches, Eastport, Hampton Bays, Montauk Point, Peconic, Quogue, Riverhead, Sag Harbor, Shelter Island, Shoreham, Southold, and Wading River.

MIDSTATE NEW YORK/WESTCHESTER AREA: Birchwood, Carmel, Chappaqua, Cold Spring, Croton Falls, Garrison, Katonah, Lewisboro, Mahopac, Peekskill, Piermont, Sloatsburg, Suffern, and Tuxedo.

NORTHEAST NEW YORK: Amenia, Argyle, Bolton Landing, Brainardsville, Cairo, Callicoon, Chateaugay, Claverack, Fallsburg, Fort Ann, Freehold, Grahamsville, Hague, Hartford, Hoosick Falls, Jeffersonville, Katskill Bay,Lake George, Lake Huntington, Lake Placid, Liberty, Livingston Manor, Malone, Mineville, Moira, Monticello, Palenville, Philmont, Phoenica, Port Henry, Putnam, St. Regis Falls, Saranac Lake, Saugerties, Schroon Lake, Schuylerville, Shokan, Tupper Lake, Warrensburg, White Lake, Whitehall, Willsboro, and Woodstock.

WESTERN NEW YORK: Akron*, Albion, Alden*, Angelica, Angola*, Attica, Barker, Bliss, Boston*, Cattaraugus, Chaffee*, Cherry Creek, Clarence*, Clarence Center*, Derby*, Elba, Ellicottville, Franklinville, Friendship, Hinsdale, Java *, Little Valley, Limestone, Lyndonville, Medina, Middleport, Newfane, Springville *, and Wellsville.

* Only those customers who currently purchase Residence Community Service

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