Bell Atlantic, Nynex Agree to FCC Rules

Bell Atlantic Corp. and Nynex Corp. said they have agreed to certain conditions for Philadelphia-based Bell Atlantic’s $25-billion acquisition of New York-based Nynex, set by federal regulators to promote competition in their phone markets. The Federal Communications Commission requires that the companies make their networks available to competitors so they have access to billing and customer service information. They also will have to prepare reports on services Bell Atlantic/Nynex provides to retail customers and local exchange affiliates. They also will lease part of the network and services to competitors at per-minute rates that will be set by states.