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AT&T / Rate Incrs. #236901

CBS Evening News for Friday, Jan 03, 1975
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(Studio) American Telephone and Telegraph (AT&T) asks to increase rate for long distance calls.
REPORTER: Roger Mudd

(New York City) Rate increase begins Mar. 4 unless Federal Communications Commission opposes or delays it. American Telephone and Telegraph (AT&T) says it needs extra $433 million to counter rising costs. [American Telephone and Telegraph (AT&T) Richard HOUGH - says will have higher operating costs and deteriorating service if American Telephone and Telegraph (AT&T) doesn't get increase] Chart shows how rate increase would affect current rates in calls from Washington, DC to Baltimore; Washington, DC to New York; Washington, DC to Chicago and Washington, DC to Los Angeles. Incr. more if operator's help needed.
REPORTER: Mitchell Krauss

(DC) [Consumer advocate Alan MORRISON - says increase request caused by greed. American Telephone and Telegraph (AT&T) asking to allow stkholders. to increase return on investment. Hard to see how it can be justified.]
REPORTER: Bernard Shaw

(New York City) 3 minute rate period will be cut to 1 minute.
REPORTER: Mitchell Krauss

Krauss, Mitchell;
Mudd, Roger;
Shaw, Bernard

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