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tor the first time in live years, the State Corporation Commission has granted C entral I telephone Virginia a rate inerease. hut the si/e ol the inerease is a disappointment to the company's top executive, according to a press release from the utility.
On I riday. January H. the Sc C authorized C'entel to earn about S.V” million in additional annual revenue, which is some 4d percent of the S,H > million the company requested August Id. Idyil when it tiled for increased rates
“I'm disappointed that the Commission awarded us less than halt ot our request, said James l>. Ogg. Centel's Virginia vice president. "The
million authorized by the SC C means our rates will
47.9%