Dial M for More: Money, that is, as rates go up

Money, that is, as rates go up

Low-cost local telephone service is headed the way of hand-crank phones and party lines. Last week the Federal Communications Commission announced that next year local phone companies will be allowed to reach out and touch everybody for an additional $2 a month for a residential line, rising to $3 in 1985 and $4 in 1986. The increases come on top of other new charges sought by local phone companies as a consequence of their upcoming January 1 spin-off from American Telephone & Telegraph. Result: the basic charge...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!