Word: kappel
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...Washington operator: the Federal Communications Commission. Last week the FCC announced an annual $100 million reduction in long-distance telephone rates that will decrease A.T. & T.'s rate of return on interstate telephone operations from its present 7.9% to only 7% . A.T. & T.was obviously displeased. Chairman Frederick Kappel termed the reductions "out of step with the Government's efforts to encourage economic growth." But there is little doubt that subscribers will be happy to heed the call...
...Frederick R. Kappel...
...seemingly succeeded in proving that politeness, power and profit are not incompatible goals in big business today. Kappel, his company, and especially the operators who say "nieen" definitely deserve the sincere appreciation of their satisfied customers...
...When I was about to move into a new development in the suburbs three years ago, the local telephone office informed me that it would be at least a month after moving in before I would have phone service. I wrote a letter to Frederick Kappel, chairman of the board, and received a personal reply in three days. A phone was installed the day I moved in. My hat is off to Mr. Kappel...
...take the initiative to put up a slate; the public directors of Comsat Corp. will probably be nominated by the Government-appointed organizers of Comsat. It thus looks as if the commanding voices in the new space communications company will belong to President Johnson and A.T. & T. Chairman Frederick Kappel...