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In 2005, AT&T was acquired by "Baby Bell" and former subsidiary SBC Communications for more than $16 billion ($25 billion in present-day terms [5]). SBC then changed its name to AT&T Inc., with AT&T Corporation continuing to exist as a long distance subsidiary until it was merged into AT&T Enterprises, LLC on May 1, 2024. [7]
AT&T was founded as Bell Telephone Company by Alexander Graham Bell, Thomas Watson and Gardiner Greene Hubbard after Bell's patenting of the telephone in 1875. [22] By 1881, Bell Telephone Company had become the American Bell Telephone Company. [23]
BellSouth, LLC (stylized as BELLSOUTH and formerly known as BellSouth Corporation) was an American telecommunications holding company based in Atlanta, Georgia.BellSouth was one of the seven original Regional Bell Operating Companies after the U.S. Department of Justice forced the American Telephone & Telegraph Company to divest itself of its regional telephone companies on January 1, 1984.
In February 2005, SBC announced its plans to acquire former parent company AT&T Corp. for over $16 billion. SBC took on the AT&T name upon merger closure on November 18, 2005. SBC began trading as AT&T Inc. on December 1, 2005, but began re-branding as early as November 21 of the same year. In 2006 AT&T Inc. purchased BellSouth. [3]
AT&T Midtown Center, BellSouth Telecommunications (d/b/a AT&T Southeast) headquarters, Atlanta BellSouth Telecommunications was incorporated in 1983 as SBT&T Co. in Georgia in 1983, [1] as part of the breakup of the Bell System to absorb the original Southern Bell Telephone and Telegraph Company that was incorporated in New York in 1879.
John Stankey has served as CEO of AT&T, Inc. since July 2020. What does AT&T stand for? AT&T stands for the American Telephone and Telegraph Co., the company's former name.
We'd all like to invest like the legendary Warren Buffett, turning thousands into millions or more. Buffett analyzes companies by calculating return on invested capital, or ROIC, in order to help ...
AT&T Wireless Services, Inc., formerly part of AT&T Corporation, was a wireless telephone carrier founded in 1987 in the United States, based in Redmond, Washington, and later traded on the New York Stock Exchange under the stock symbol "AWE", as a separate entity from its former parent.
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