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SBC purchased Southern New England Telecommunications in 1998 for $5.01 billion, [13] and Ameritech in 1999 for $61 billion, creating the largest U.S. local phone company at the time. [14] AT&T Corporation, the original parent, was acquired effective November 18, 2005, by SBC, which renamed itself AT&T Inc. and began using the ticker symbol "T ...
AT&T established a network of local telephone subsidiaries in the United States. AT&T and its subsidiaries held a phone service monopoly, authorized in 1913 by government authorities with the Kingsbury Commitment, throughout most of the twentieth century. [26]
AT&T) and settled in the Modification of Final Judgment on January 8, 1982. AT&T agreed to divest its local exchange service operating companies, effective January 1, 1984. The group of local operating companies were split into seven independent Regional Bell Operating Companies, which became known as the Baby Bells. [1]
Under the settlement, AT&T ("Ma Bell") agreed to divest its local exchange service operating companies, in return for a chance to go into the computer business (see AT&T Computer Systems). AT&T's local operations were split into seven independent Regional Bell operating companies, commonly known as "Baby Bells".
Local telephone service is the provision of telecommunications networks and services within a limited geographic region.. Traditionally, local telephone service was provided by small companies based in given cities and towns as opposed to larger, national or international companies.
In the following states and regions, the primary local carrier is not an RBOC: Lumen Technologies, in addition to its role as the BOC in the areas of 14 states gained from its acquisition of Qwest, Lumen serves other non-ex-Bell local exchanges in those states, as well as some in Florida and the Las Vegas metropolitan area in Nevada.
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