That would further dampen the settlement rate that other British carriers could charge American carriers for completing calls _ and vice versa.
32.
PLDT is counting on higher domestic rates and the metering of local calls to make up for cuts in international settlement rates.
33.
Two back-to-back settlement rate cuts of at least 10 percent cost PLDT 855 million pesos in 1996 and 590 million pesos in 1995.
34.
"The settlement rates are not rational, " said Jeffrey MacKie-Mason, a professor of economics, information and public policy at the University of Michigan.
35.
Current settlement rates greatly exceed cost and represent a substantial subsidy from U . S . consumers and carriers to foreign monopoly carriers.
36.
It said many countries'" settlement rates " exceed the costs of completing calls, forcing U . S . callers to subsidize other countries'telephone companies.
37.
The FCC will suggest to U . S . telephone companies that they insist on the proposed settlement rates in negotiations with other countries'carriers.
38.
The settlement rate is how much a carrier such as PLDT charges U . S . phone companies to complete calls to the Philippines.
39.
Agreements are set up to insure a smooth transfer, including the settlement rate at which the carrier that completes the call is reimbursed for services.
40.
Settlement rates have historically been set well above the cost of completing a call, particularly in countries with less-developed economies or powerful state-owned telephone monopolies.
