COMMUNICATIONS: War Works for I. T. & T.

For years the $462,000,000 International Telephone and Telegraph Corp. helplessly watched the Axis overrun one of its properties after another, from France to Shanghai, watched its earnings nose-dive with each new blitz. But last week hawk-nosed, Virgin Island-born I. T. & T. President Sosthenes Behn released an annual report for 1943 which showed that the war is finally working for, instead of against, his globe-girdling behemoth.

Net income for the parent company, Mr. Behn reported, was $1,284,184 last year v. a deficit of $1,021,537 in 1942; on a consolidated basis it was...

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