Telecom Giants Must Cut Rates For Small Carriers: 2nd Circ.

Law360, New York (May 01, 2013, 5:26 PM ET) -- Small telecommunications carriers scored a big win Wednesday when the Second Circuit ruled that former telecommunications monopolists including an AT&T Inc. subsidiary must offer lower, regulated rates for network interconnection services to smaller carriers and new entrants into the field.

A three-judge panel affirmed a Connecticut federal court’s May 2011 ruling that the Telecommunications Act of 1996 requires former monopolists, including AT&T unit Southern New England Telephone Co., to offer the service at regulated rates lower than its negotiated rates to ensure that small carriers can...
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