Independent telephone firms grow faster than Bell System
Independent telephone companies expand assets revenues and phones at a faster pace than Bell. About 2,850 independents operate 12.67 million lines, 16 percent of US total, with 1.23 billion dollars in 1956 revenues. Mergers holding companies mechanization and suburban growth drive this rise despite fewer firms.
MENTIONED IN THIS ARTICLE
New York
Bell System
Bell
France
Britain
American Telephone & Telegraph Co
United States Independent Telephone Association
General Telephone & ‘Electronics
United States
Canada
Haiti
Dominican Republic
Lucile
Idaho
Bond Sales Rise in February Across Ohio and Nation
Ohio February sales of Series E and H Savings Bonds neared 26 million for a two month total of 57.3 million, up 12 million from last year. Nationwide February Series E bonds totaled 372 million, the highest since 1956. Butler County February sales reached 366 317, up from 327 493 a year earlier. The note ends with a mention of costs and financing tech improvements and likely future mergers and stock sales.
MENTIONED IN THIS ARTICLE
Ohio
Butler County
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American National Red Cross