| 词条 | Minimum Rate Pricing |
| 释义 |
Minimum Rate Pricing, Inc. (MRP) was a long distance telecommunications carrier, based out of Cedar Grove, New Jersey, started by Thomas Salzano. Minimum Rate Pricing became the number 7 long distance carrier in the United States within four years from its start-up, with over 1.9 million long distance customers in 1998. Minimum Rate Pricing was accused of slamming customers (changing rate plans without notice). Under a consent decree agreement with the Federal Communications Commission (FCC), Minimum Rate Pricing agreed to voluntarily pay $1.2 million to the FCC in a settlement without any admission of liability. Minimum Rate Pricing subsequently eliminated its switch-back provisions, but the FCC continued its investigation into other slamming-related issues concerning Minimum Rate Pricing's business and marketing practices. The company went bankrupt in 1999, owing WorldCom and Access Capital $67 million.[1] Thomas Salzano later started Norvergence with his brother, Peter Salzano which also went bankrupt, amid widespread charges of fraud.[2] See alsoNorvergenceReferences1. ^{{cite web|url=http://www.phoneplusmag.com/articles/2004/11/been-there-done-that.aspx|title=Before NorVergence, there was Minimum Rate Pricing |date=November 1, 2004|work=www.phoneplusmag.com|accessdate=May 29, 2010}} 2. ^Dirk Smillie, Forbes, 3 September 2004, "The Matrix unraveled: How two wrecked telecom companies have put lessors and small businesses on the hook for $300 million.". Accessed 21 June 2010.
1 : Companies based in Essex County, New Jersey |
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