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N Y Tel to renew bid after PSC rejects rate hike data
The New York Telephone Co. must resubmit with more detailed data after the Public Service Commission found substantial deficiencies in its $393 million rate increase filing. Hearings in eight cities were canceled pending updated evidence. The proposed increase would raise basic service rates by about 12.8 percent for six million customers and include another attempt to double the coinphone charge.
MENTIONED IN THIS ARTICLE
Albany
New York Telephone Co
Public Service Commission
PSC
Daniel Emerson
Phone Company
New York City
Buffalo
Syracuse
Hempstead
White Plains
Utica
Binghamton
New York Telephone