Rate Rise of $175-Million Asked by Phone Company; Statewide Increase Would Be the First Since '57 -- Impact Would Depend on Area and Pattern of Billing
NY Telephone asks NYS PSC to approve $175-million-a-yr rate increase; new rate pkg would raise basic monthly 75-message-unit residential phone bill in NYC, flat-rate monthly costs in other parts of state, toll-call costs, and double to $10 cost of installing residential phone; co says increase would provide 13% rise in intrastate revenues, 10% increase in total revenues; co vp Mulhearn says increases, 1st since '57, are needed to attract investments to support co's construction program; other proposed rate changes discussed; avg householder and business would have to pay 10.5% more in basic monthly rates if increase is approved