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RALEIGH, N.C. -
Deregulation of the prices North Carolina consumers pay for landline telephone service could be approved as early as next week.
Legislation that allows AT&T and 15 smaller providers to cut loose from rate-setting regulations of household service was tentatively approved by the state Senate 44-0.
Landline telephone providers want the option to drop out of Utilities Commission price-setting oversight because cable, Internet and wireless rivals aren't similarly regulated.
The legislation would allow phone companies to set their own prices, except for stand-alone basic residential service. Rate increases for the basic service would be limited to inflation adjustments. Rural and urban customers must be charged comparable rates.
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