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Telecom Italia will increase telephone rental fees

10/17/2000 - 12:00 PM

Telecom Italia wishes to make known that it has not submitted any application in recent weeks to the Communications Authority to increase telephone rental fees in accordance with current legislation. Recent press reports were referring to a request made by the company last May to raise the monthly fee for line rental, and the subsequent increase has been in force since 1 August 2000.

Telecom Italia in any case reiterates the position of its Chairman and Managing Director Roberto Colaninno who recently spoke of the need to get rid of the tariff mechanisms (price caps and sub caps) which continue to distort the balance between revenues from rental fees and the costs entailed in guaranteeing network access and services.