Sprint limits some billing on '900' calls; services offering jobs, personal ads or credit must charge directly

Article Abstract:

U S Sprint Communications Co announces that it will not handle billing for certain '900'-number pay-per-call audiotex services. Sprint will not handle the charges for personal advertisements or job listings, and it will not handle offerings of credit cards to those with credit problems. Providers of such services must send their own bills to customers who dial their 900 numbers. Sprint also refuses to handle billings for most '900' services that charge more than $15 per call. Sprint's new policy guidelines are part of an attempt by the company to respond to complaints about '900' number companies, as have other long distance telephone companies such as AT&T and MCI Communications Corp.

Services, Accounting and auditing, Sprint Corp., Billing/Invoicing, Audiotex, Audiotext services

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A.T.&T. loses $1.8 billion; other phone results mixed

Article Abstract:

The nation's biggest long-distance telephone companies, AT and T and MCI Communications Corp, report slow revenue growth for 3rd qtr FY 1991. A one-time charge led to a $1.8 billion loss at AT and T; nevertheless, analysts say the company did well. Much of the one-time charge stemmed from AT and T's takeover of NCR Corp. AT and T's revenues for the quarter were $11.04 billion, up 1.2 percent from $10.91 billion in 3rd qtr FY 1990. NCR posted $40 million in operating earnings on revenues of $1.38 billion, down from $91 million and $1.53 billion, respectively, in 3rd qtr 1990. MCI posted earnings of $140 million on revenue of $2.15 billion, compared to a loss of $168 million on revenue of $2 billion in 3rd qtr 1990. However, the 1990 loss reflects a one-time charge of $550 million for modernizing the firm's network. Nynex Corp and BellSouth Corp also reported lower earnings for the 1991 quarter. Southwestern Bell Corp reported a strong income gain of 12.2 percent, to $363.1 million.

Electronic computers, Computer industry, Finance, T, NCR Corp., NCR, American Telephone and Telegraph Co., MCI Communications Corp., MCIC, Third Quarter, Financial Report, Losses

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