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Technology Stocks : Teligent -- Ignore unavailable to you. Want to Upgrade?

To: SteveG who wrote (109)	5/27/1998 9:18:00 AM
From: SteveG	Read Replies (1) \| Respond to of 270

<A> Judge Strikes Down Parts Of AT&T-BellSouth N.C. Arbitration RALEIGH, N.C. (Dow Jones)--A Federal judge ruled that the Telecommunications Act of 1996 prohibits three provisions of the North Carolina Utilities Commission's AT&T Corp. (T) and BellSouth Corp. (BLS) arbitration order. In a press release, AT&T said U.S. District Court Judge W. Earl Britt ruled BellSouth must make various components of its network available for use by competitors at "cost-based" rates and restrictions on the resale of service under contract service arrangement violate the Telecom Act. The case was ordered back to the Utilities Commission. AT&T said the ruling would ultimately allow it to compete with BellSouth "on a more equal footing." In December, the North Carolina commission issued arbitration orders requiring BellSouth to provide local service to the long-distance companies at discounts of 17.6% off business rates and 21.5% off residential rates.