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November 24, 1993

FURTHER PRICE CUTS IN JAPANESE TELEPHONE TARIFFS

By CBR Staff Writer

Japanese domestic phone rates, once protected and some of the highest in the world, are coming down again: three rivals of the former monopoly, Nippon Telegraph & Telephone Corp, in the long-distance telephone service market lowered their rates on November 1 in response to the cuts made by Nippon Telegraph on October 19 which reduced its rates to match those of the three long-distance domestic carriers, Daini-Denden International Corp, Japan Telecom Ltd and Teleway Japan Corp; the three carriers’ rates were between 9 cents and 38 cents cheaper than those of Nippon Telegraph.

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