NYNEX Lowers Access Rates by $69 million

Full Transparency

More of our content is being permanently logged via blockchain technology starting [10.23.2020].

Learn more

We're committed to building trust.

Going forward more of our content will be permanently logged via blockchain technology—enabling us to provide greater transparency with authoritative verification on all changes made to official releases.

Learn more

April 2, 1996

NYNEX CONTACT: Media Relations,
(212) 395-0500

NYNEX Lowers Access Rates by $69 million

WASHINGTON, D.C. -- In its annual interstate access tariff filing made
today with the Federal Communications Commission (FCC), NYNEX reduced its
interstate access rates by $69 million, which represents a three percent
rate reduction. Over the past five years, NYNEX has reduced its interstate
access rates by approximately $800 million. The new rates become effective
July 1, 1996.

NYNEX operates in the most competitive marketplace in the nation stated
Don Evans, vice president, federal regulatory matters, NYNEX. In order
to compete effectively in the marketplace we must price our products competitively.
Thats why in each of the past five years, NYNEX has reduced the prices
it charges interexchange carriers to access the NYNEX network.

With this filing, NYNEX, for the first time, is able to take advantage
of the incentives the FCC has in its price cap plan. These incentives provide
for greater rate reductions in exchange for pure price cap regulation,
added Evans.


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.

FAX copies of recent NYNEX news releases are available free of charge, 24
hours
a day. Call 1-800-331-1214 and an automated system will provide
instructions.

Related Articles

02.15.2021

Virtual Reality (VR) has begun to transform medicine in profound ways. VR solutions are being used to train doctors and to plan and practice operations.

10.23.2020

Verizon’s military discounts site shows everything you need to know about Wireless offers, FiOS savings and military career opportunities, all in one place, making it simple for service members and veterans to discover what Verizon has to offer.