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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.04-0.3%Nov 26 3:59 PM EST

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To: Morten who wrote (12961)3/18/1998 12:43:00 PM
From: Eric  Read Replies (1) of 77400
 
Morten

In the U.S. phone access is provided by the regional bell operating companies and a few independents. There is basically only one company in each region which the states regulate in setting prices.

Phone users pay a monthly fee of approximately $12 to $25 per month for service. That includes local "free" calling but not long distance. The distance factor is set by state regulatory boards.

Example if I talk to my neighbor 10 seconds or 20 hours the charge is the same...0! As long as I pay my monthly fee to my phone company.

Any questions? There are a lot of good people on this thread who can answer your questions, feel free to fire away!

regards

Eric
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