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AT&T TO LOWER LONG-DISTANCE RATES FOR CONSUMERS, SMALL BUSINESSES

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AT&T has announced it will lower by $300 million annually interstate and international long-distance services for consumers and small business.

The price decrease will take effect Jan. 1, 1990, and apply to AT&T's basic long-distance service, most international calls and Reach Out America, the company's optional long-distance plan for consumers.The decrease, the long-distance carriers' 10th since 1984, brings the total reductions in long-distance prices to 40 percent in the six years since the breakup of the Bell System.

When the most recent price cut takes effect, a 10-minute AT&T call, any time of day to anywhere in the continental United States, will cost $2.50 or less. A similar call placed during the night/weekend calling period will cost $1.32 or less.

Under FCC guidelines, those cost savings lower the "price cap" on AT&T's long-distance services.