Ind. Utility Regulatory Commission (IURC) will hold hearing Jan. ...
Ind. Utility Regulatory Commission (IURC) will hold hearing Jan. 16 on Ameritech’s proposed $1 million settlement for continuation of price cap regulation. Under agreement with Office of Utility Consumer Counsel, Ind. Intelenet Commission and AT&T, Ameritech would invest $832…
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million in next several years to improve its infrastructure, including replacement of all analog electronic network switches with digital, and upgrading substantial portion of central offices to provide high-speed Internet access. Agreement also would require Ameritech next fall to cut residential rates $62 million and business rates $106 million. Separately, bill introduced in Ind. Senate would give IURC legal jurisdiction over mergers of parent holding companies that own telephone, energy and other utilities operating in state. Legislation by state Sen. Timothy Lanane (D-Indianapolis) addresses 1999 Ind. Supreme Court ruling that IURC lacked legal authority over SBC-Ameritech and Bell Atlantic-GTE mergers.