Corporation Commission delays action on SBC deregulation - NewsOn6.com - Tulsa, OK - News, Weather, Video and Sports - KOTV.com |

Corporation Commission delays action on SBC deregulation

Updated:
OKLAHOMA CITY (AP) _ The Oklahoma Corporation Commission will not take action until at least Tuesday on SBC's efforts to deregulate much of its telephone business in the state.

Commissioners met yesterday and discussed setting a bond for rival Cox Communications in its appeal of the commission's earlier ruling in favor of deregulating SBC.

Attorney General Drew Edmondson recommended setting bond for the appeal at 140 million dollars. The bond would cover the estimated cost to the US economy of staying the earlier ruling that ordered SBC to establish DSL service in 68 rural communities. In exchange, the commission would lift price controls on the company.

Cox's appeal claims there is no evidence that deregulating SBC will result in lower prices and more choices for Oklahoma consumers. The company says there should be no bond in the case.
Powered by Frankly
News On 6
303 N. Boston Ave.
Tulsa, OK 74103
Newson6.com is proud to provide Oklahomans with timely and relevant news and information, sharing the stories, pictures and loves of Oklahomans across our great state.
All content © Copyright 2000 - 2017 KOTV. Oklahoma Traveler™ is a registered trademark of Griffin Communications. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.