June 19, 1988 |
The state Public Utilities Commission has ordered a 27% cut in American Telephone & Telegraph Co. rates for long-distance calls within California for the last six months of this year. The reduction, which may be continued next year, totals $194 million from July through December and passes on to customers AT&T's savings in fees to local phone companies for connecting to their networks, the PUC said. The commission Friday ordered a continuing rate reduction of 10%, or $168 million a year.
June 7, 1990 |
In vacating a 1985 Federal Communications Commission rule Wednesday, a federal appeals court handed back to states authority to regulate newer telephone services such as voice mail and computer access. The 9th Circuit Court of Appeals opinion, which affected seven lawsuits, means some telephone companies might have to set up separate corporations for their regulated normal telephone services and their unregulated extra options.
November 5, 1988 |
San Diego Gas & Electric Co. executives maintained their silence Friday about the events that forced the scuttling of a planned merger with Tucson Electric Power, as industry analysts predicted that the utility will soon reconsider SCEcorp's stock-swap merger offer, which SDG&E's directors unanimously rejected Sept. 1. "I think that (SDG&E has) got to do it," said Edward J. Tirello, a New York-based utility industry analyst with Shearson Lehman Hutton.
October 25, 1988 |
State legislators, fearful that existing regulations won't properly protect utility customers against "merger mania," are considering legislation that would give state regulators added power to control utility-industry consolidation in California. Legislators might force utilities to specify the long-term benefits that a merger would generate for Californians, according to State Sen.
CALIFORNIA | LOCAL
March 21, 1991 |
Opponents and proponents of Southern California Edison's planned merger with San Diego Gas & Electric Co. used a daylong public hearing here Wednesday to debate the complicated but still-unsettled question of how to define competition in the traditionally monopolistic utility industry. Although decidedly arcane, that definition will play perhaps the central role when the state Public Utilities Commission determines if the controversial merger should be completed.
March 21, 1991 |
Opponents and proponents of Southern California Edison's planned merger with San Diego Gas & Electric Co. used a daylong public hearing here Wednesday to debate the complicated and still-unsettled question of how to define competition in the traditionally monopolistic utility industry. Although decidedly arcane, that definition will play perhaps the central role when the state Public Utilities Commission determines if the controversial merger should be completed.
CALIFORNIA | LOCAL
March 10, 1991
In an article in the Los Angeles Times on Feb. 18 ("Four Magic Words That May Slay a Giant Merger"), staff writers Ralph Frammolino and Greg Johnson explored the genesis of the new law underlying the administrative law judges' proposed decision in the Southern California Edison-San Diego Gas & Electric merger. As the president of the California Assn. of Utility Shareholders, I was intimately in volved in the evolution of this law, Senate Bill 52, enacted in September, 1989. The simple truth is the judges have erred in their interpretation, if the intentions of participants in the hearings are in any way relevant.
December 9, 1988 |
Customers of San Diego Gas & Electric and Southern California Edison should absorb part of the premium that SCEcorp has agreed to pay for the San Diego-based utility, SCEcorp Chairman Howard Allen told utility industry analysts during a meeting Thursday in New York. The "cost recovery plan" that Allen described on Thursday drew immediate opposition from Michael Shames, executive director of Utility Consumers Action Network, a San Diego-based consumer group.
December 13, 1988 |
The proposed merger involving San Diego Gas & Electric and Southern California Edison would create the "crown jewel of the electric industry," SCEcorp Chairman Howard Allen has told a meeting of New York-based utility industry analysts. The combined utilities "will have one of the most economically prosperous service territories in the world," according to Allen. While SCEcorp's Edison subsidiary enjoys relatively healthy growth in its existing 3.
September 23, 2004 |
State regulators are expected to raise wholesale telephone rates today, ending a contentious three-year proceeding and setting the stage for higher customer bills. The Public Utilities Commission is set to choose from four proposals that would increase the price that rival companies pay SBC Communications Inc. for access to the copper lines that connect homes and businesses to the national phone network.