Puerto Rico Telephone Company v. Federal Communications Commission, and United States of America, Comtronics, Inc., Intervenor

McENTEE, Circuit Judge.

Until recently the Puerto Rico Telephone Company (PRTC) was a Delaware corporation operated as a subsidiary of the International Telephone & Telegraph Company. In 1974 the Commonwealth’s legislature established the Puerto Rico Telephone Authority and directed it to “acquire and operate, through the means that it finds most convenient to the public interest, all the telephone and telegraph communication systems in Puerto Rico, in order that said system can meet the actual and future communication needs of our People.” Law of May 6, 1974, Act No. 25. The Authority…