International calling prices continued to decline last year, FCC ...
International calling prices continued to decline last year, FCC said. Agency in May 4 report prepared for Senate Commerce Committee ranking Democrat Hollings (S.C.) credited 1997 World Trade Organization (WTO) Basic Telecommunications Agreement for price declines. In 1996, year…
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before FCC Benchmarks Order and WTO agreement, average price of international phone call originating from U.S. was 74 cents per min. By 1998, rate had fallen 25% to 55 cents, in 1999 to 51 cents. FCC expects even lower rates by 2003 as order is implemented fully. Prices on competitive routes fell more dramatically, report said, to as low as 10 cents on U.S.-U.K. route.