The Nev. House passed a bill that would end state rate regulation...
The Nev. House passed a bill that would end state rate regulation of all retail phone services besides basic exchange from Embarq and AT&T, the state’s largest incumbent telcos. The companies are under price cap regulation. Other incumbents, which…
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are under rate-of-return regulation, could petition for deregulation if they met competition tests. AB- 518 would keep basic exchange under nonindexed caps until 2012. The bill was amended to require each incumbent local exchange carrier to report annually on competition in its territory; to set procedures by which an incumbent could be released from its duty to be the provider of last resort; and to prohibit deregulation of 911 service.