Consequently , UT&E suffered severe financial strain and had to seek protection to reorganize under bankruptcy laws .
The Great Depression caused more than three million telephone subscribers to give up their phone service between 1931 and 1933 .
UT&E suffered severe financial strain and had to seek protection to reorganize under bankruptcy laws .
The Great Depression caused more than three million telephone subscribers to give up their phone service between 1931 and 1933 .