Jul 30, 2001
SBC Communications, one of the biggest phone companies in the country, just raised its pay phone rates from 35¢ to 50¢ a call in thirteen states, including Michigan and Illinois. More people today depend on pay phones. They are unable to pay for regular phone service, given how much the cost of owning one has gone up under deregulation.
SBC, which was formed from a merger between Southern Bell and Ameritech, had eight billion dollars in profits after taxes last year and is the 15th biggest company in the United States.
When it comes to phone repairs the phone company is extremely slow, but when it comes to putting in these pay phone rates, it wasted no time. The change appeared almost overnight, everywhere.
They didn’t even have to go through the pretense of a public hearing – it’s just another “benefit” from the rush to deregulate public utilities and services.