AOL Time Warner Inc. will terminate a 1,000-home local phone trial in New York City, citing changed financial market conditions.
The Federal Communications Commission released a public notice Thursday stating that the company, doing business as Time Warner ResCom of New York, would be allowed to discontinue service in 31 days, unless its Manhattan customers can't find a reasonable substitute.
An AOL Time Warner spokeswoman said the phone service was a circuit-switched trial that the company wanted to wind down to focus on rolling out Internet-protocol telephony.
AOL Time Warner told the FCC it had made arrangements for customers to switch to Verizon Communications and other local phone carriers in the market. RCN Corp., a cable and phone provider, also operates in parts of New York City.