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December 10, 1987

THE FT CITYLINE TELEPHONE INFORMATION SERVICE LAUNCHED

By CBR Staff Writer

There is a nagging concern, occasionally voiced, that in the emerging information age, information that was formerly freely and cheaply available will increasingly be restricted to those who can afford to pay for it, and a tiny example of the trend appeared this week when the Financial Times launched its FT Cityline telephone information service: the new service provides much more information than the old FT Information Service on one of the 246-8XXX information service numbers now discontinued by British Telecom – but has to be paid for at the premium 38 pence a minute rate, so that those who for example simply wanted to check mid-morning yesterday the opening price for Eurotunnel shares either had to pay the premium rate for the privilege – or, much more likely, went without.

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