To: Sawtooth who wrote (22047 ) 1/27/1999 8:04:00 PM From: SKIP PAUL Respond to of 152472
This almost mandates that MCI Worldcom establish a wireless network to effectively compete with AT&T and Sprint. AT&T to Sell Many Services at Same Per-Minute Rate, on One Bill Bloomberg News Jan 27 1999 7:48AM ET AT&T to Sell Many Services at Same Per-Minute Rate, on One Bill New York, Jan. 27 (Bloomberg) - AT&T Corp., the largest U.S. phone company, said it will sell several products, such as wireless, long-distance and payphone services, at the same per- minute rate on a single bill, a first in the U.S. phone industry. AT&T Personal Network targets people who use multiple phone services. For $29.99 a month, customers will pay 10 cents a minute on all U.S. local and long-distance wireless calls and receive text messaging and caller ID services. Customers will also pay 10 cents a minute for AT&T wireline calls. Since the success of AT&T Digital One Rate, which offers cellular customers one price for a fixed set of minutes, AT&T has been moving toward simpler pricing plans. Yankee Group, a market research company, found that 81 percent of households surveyed would prefer to get some or all of their phone services from a single provider, New York-based AT&T said. ''This unprecedented offer sweeps away complexity and provides a communications solution tailored to the way people live today,'' John Zeglis, president of AT&T and chief executive of AT&T consumer services, said in a statement. Customers also will pay 10 cents a minute for long-distance calls made from home in the U.S. to Canada, the U.K., and border cities in Mexico, as well as for domestic calls made with an AT&T calling card or to an AT&T personal 800 number. AT&T Personal Network will be available Jan. 31. AT&T shares fell 2 3/4 to 86 7/8 yesterday. --Colleen McElroy in the Princeton newsroom (609) 279-4069/shf Story illustration: To graph the company's recent stock performance: T US