Phone Companies Bill Public for Nonexistent Equipment

Srinivasan Ramakrishnan writes "Forbes has an eye-opening article on the scam that lets the Bells scoop $5 billion every year from the consumer with the sanction of the FCC. The FCC Line charge that appears on every phone bill is a vestige of a deal that was struck by the FCC with the Bells. The deal was touted by the FCC as a historic win that saved $3.2 Billion a year for the consumer - Forbes takes a closer look at the deal."

Comments

Take a look at the touch-tone charges

[SgtChaireBourne]

Take a look at the touch tone charges while you're at it. It's quite possible that it's it thoroughly unnecessary. I suspect that they've recovered their investment in electronic exchanges years ago.