A Circuit Court judge in St. Louis has approved a settlement in a long-running legal fight between telco giant AT&T and about 330 municipalities in Missouri who had charged that AT&T did not pay enough taxes on the various landline fees it charges customers. The company will now pay out about $65 million total across these municipalities to settle the resulting class action suit. Kansas City, Mo., will get about $10.7 million out of the settlement, the largest amount that any one municipality will receive. The pay-outs will take about five months to process, assuming that municipalities agree to the settlement terms.
For more:
- The Kansas City Business Journal has this story [1]
Related article
Missouri legislators also have been looking at how to reduce access charges [2]
Links:
[1] http://www.bizjournals.com/kansascity/stories/2009/06/29/daily1.html
[2] http://www.fiercetelecom.com/story/mo-intrastate-access-fee-changes-stuck-state-senate/2009-05-04