Twelve companies offering prepaid phone calling services are forming a new trade group to advocate for the industry, which is experiencing increasing government scrutiny. The creation of the American PrePaid Phonecall Association was announced Jan. 25, only a few months after the Federal Communications Commission proposed $20 million in fines on four prepaid calling companies for allegedly engaging in a variety of deceptive business practices. The proposed fines as well as other actions by federal regulators convinced the industry it was time to combine forces in a common cause. Gene Retske, the former editor of the industry publication The Prepaid Press, was asked by the… Read More