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Technology Stocks : AT&T
T 25.95+1.7%Nov 21 9:30 AM EST

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To: Raptech who wrote (1548)7/8/1998 2:22:00 PM
From: Raptech  Read Replies (1) of 4298
 
On July 3, message # 1548 I responded to a comment from AHM concerning ATT increase in LD rates. In that message I noted it was not a rate increase, but a pass through of U.S. subsidy charges to fund Internet hookups and low cost local phone service.

I also suggested it was only a matter of time that the other major LD
companies would also have to pass the charge to their customers.
Yesterday, Sprint very quietly announced a 4.5% surcharge on interstate and international calls to cover the cost. Didn't think it would happen so quickly!

Rap
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