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Probe into AT and T ends abruptly in FCC inquiry
The FCCs 750000 investigation into American Telephone and Telegraph halted amid signals it will not resume until late summer. Testimony focused on stock ownership and the claim that five percent of stockholders hold half the stock while leaders touted small investor involvement. FCC aims to decide if federal rate regulation is needed.
MENTIONED IN THIS ARTICLE
Washington
Federal Communication Commission
American Telephone and Telegraph Company
Congress
Commission
N. R. Danielian
Samuel Becker
Danielian
Walter S. Gifford
FCC