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Virginia Telephone & Telegraph Company will spend a record $12.8 million for new facilities and telephone equipment during 1971, according to Joe Compton District Manager.
The approved 1971 outlay, the largest in the history of Virginia Telephone & Telegraph Company, tops last year’s expenditure by more than $1.4 mjllion. Total expenditures during 1971 represents a daily payout of $34,000, for service expansion and improvement throughout Virginia service area
While a portion of Virginia Telephone & Telegraph Company’s record 1971 construction outlay will be used to meet rapidly growing telephone requirements in the area, a substantial portion will gc towards extending and improving service to present customers. Mr,
91.8%