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Word: telegraphers (lookup in dictionary) (lookup stats)
Dates: during 1980-1989
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Usage:

...sharp were the accountants' pencils that 26 of the companies got refunds of taxes paid in previous years. The largest of them went to American Telephone and Telegraph. The company earned profits of $1.9 billion last year. But thanks to a combination of investment tax credits and tax deferrals adding up to $1 billion, plus other unusual expenses involved in the breakup of the phone company, AT&T's tax liability was wiped out. In fact, the company got a tax refund of $241.6 million...

Author: /time Magazine | Title: Companies: Profits: $10 Billion; Taxes: $0 | 9/9/1985 | See Source »

...decades the telephone company has been known as a place where hardly anyone ever got fired. My, how Ma Bell has changed. Last week American Telephone and Telegraph announced that between now and the end of 1986 it plans to cut its work force by 24,000, possibly the largest single sloughing in American corporate history...

Author: /time Magazine | Title: Ma Bell Disconnects 24,000 Jobs | 9/2/1985 | See Source »

Industry leader American Telephone & Telegraph, which has more than 90% of long-distance business, put a 5.6% rate cut into effect. MCI Communications of Washington (1984 revenues: $2 billion) followed with a cut of up to 11% on rates starting July 1 and claimed the new fees would beat AT&T's prices by 5% to 35%. MCI's reductions would drive down the cost of a ten-minute weekend call between New York City and San Francisco to $1.71, from $1.82. Sprint, a subsidiary of Connecticut-based GTE, and Chicago's Allnet said they might cut their rates...

Author: /time Magazine | Title: Jumbled Long-Distance Lines | 6/10/1985 | See Source »

...tactics, De Benedetti has sought strategic allies in the biggest computer market of them all, the U.S. In December 1983, Olivetti and American Telephone & Telegraph announced that the U.S. giant would put up $260 million to buy 25% of Olivetti, with an option to expand its share up to 40%. De Benedetti considers the agreement "a brilliant alliance," formidable enough to take...

Author: /time Magazine | Title: A Mix of Microchips and Pasta | 5/13/1985 | See Source »

...long-distance service, many budget-conscious consumers quickly ask for such cut-rate services as MCI and GTE Sprint. But as many as 70% of them never bother to respond. Under current federal communications rules, those customers who do not speak up are automatically assigned to American Telephone and Telegraph, even if they are already using a competing service. MCI Chairman William McGowan, GTE's Theodore Brophy and other AT&T rivals claim that this gives the already dominant company a highly unfair advantage. Last week the Justice Department recommended that the Federal Communications Commission change its so-called equal...

Author: /time Magazine | Title: Telecommunications: Will Phone Callers Speak Up? | 4/22/1985 | See Source »

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