CORPORATIONS: Revolt in I.T. & T.

As founder and ironfisted boss of International Telephone & Telegraph Corp., Cosmopolite Colonel Sosthenes Behn built a $603 million communications empire that stretches from New Zealand to the Americas to Sweden. With 29 manufacturing companies scattered through 20 nations, Behn was still not satisfied. Since World War II he has put I.T. & T. in the consumer-goods business, now turns out such items as Capehart-Farnsworth radio & TV sets and Coolerator refrigerators, in addition to a broad range of microwave, switchboard and other communications equipment. But in Behn's empire all was not well. Last week Behn discreetly announced that he...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!