March 31, 1999 FCC RELEASES REPORT ON LONG DISTANCE MARKET The FCC has released a staff report entitled Long Distance Market Shares. The report summarizes publicly available data on long distance market shares. Total toll revenues earned by long distance carriers have increased consistently since 1984. According to revenues reported to the FCC by carriers, AT&T's share of long distance carrier toll revenues fell from 90% in 1984 to slightly less than half the market in 1997. MCIWorldCom and Sprint now account for about one third of the long distance market. The market shares of smaller carriers grew even faster, increasing from 3% to 20% during that same period of time. Switched access minutes have also increased consistently since 1984. With smaller carriers access minutes growing faster than AT&T's access minutes, AT&T's share of the overall market for interstate switched minutes declined from over 80% in late 1984 to under 52% in the fourth quarter of 1998. In addition to information on revenues and minutes, the report contains information on international revenues, residential revenues, and presubscribed lines. The report is available for reference in the Common Carrier Bureau Public Reference Room, 1919 M Street N.W., Room 222. Copies may be purchased by calling International Transcription Services, Inc. (ITS) at (202) 857-3800. The report can be downloaded [file name: MKSH4Q98.ZIP] from the FCC-State Link internet site at http://www.fcc.gov/ccb/stats on the World Wide Web. -FCC- For additional information, contact James Zolnierek, Katie Rangos, or James Eisner of the Common Carrier Bureau's Industry Analysis Division, (202) 418-0940, or for users of TTY equipment, call (202) 418- 0484.