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Technology Stocks : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?


To: Neil H who wrote (2244)9/28/1998 5:50:00 PM
From: Nick  Read Replies (1) | Respond to of 6846
 
FCC nixes Qwest long distance deals with two Bells
WASHINGTON, Sept 28 (Reuters) - Federal regulators on Monday barred regional Bell companies US West Inc.(NYSE:USW - news) and Ameritech Corp.(NYSE:AIT - news) from marketing long distance service on behalf of upstart carrier Qwest Communications International Inc.(Nasdaq:QWST - news)

The Federal Communications Commission said the Bells' arrangements to collect fees for referring their local customers to Qwest violated the 1996 Telecommunications Act, which limits the companies from offering long distance service.