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GTE Corp.: The Stamford, Conn., telephone company...

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From Times Staff and Wire Reports

GTE Corp.: The Stamford, Conn., telephone company said first-quarter net income fell 51% to $200 million, while revenue rose fractionally to $5.22 billion. The firm attributed the drop to a $245-million one-time charge in connection with its merger with Contel.

Tables, D7

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