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. Last Updated: 07/27/2016

AT&T Defers Rate Hike




NEW YORK -- U.S. telecommunications giant AT&T said Wednesday it was deferring its decision to raise its long-distance telephone calling rates.


The company, which made the announcement after U.S. federal regulators said they were dissatisfied with the No. 1 long-distance carrier's plans, also said it was immediately scrapping a charge on customers who did not meet a minimum usage requirement.


AT&T said it would put off its decision on raising rates until it completed a review of alternatives to restructure long-distance calling rates for low volume customers.