Search results
Results From The WOW.Com Content Network
The new AT&T Inc. lacks the vertical integration that characterized the historic AT&T Corporation and led to the Department of Justice antitrust suit. [23] AT&T Inc. announced it would not switch back to the Bell logo, [24] thus ending corporate use of the Bell logo by the Baby Bells, with the lone exception of Verizon.
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".
The Bell System was a system of telecommunication companies, led by the Bell Telephone Company and later by the American Telephone and Telegraph Company (AT&T), that dominated the telephone services industry in North America for over 100 years from its creation in 1877 until its antitrust breakup in 1983.
The suit that shaped the computer revolution AT&T is no stranger to antitrust suits. The telecom leader battled the government three times in the 20th century, and each time the result Why AT&T ...
Lawyer who helped break up AT&T says DOJ has '50%-plus' odds of winning Google trial. Alexis Keenan. September 19, 2023 at 11:48 AM ... Read the latest financial and business news from Yahoo Finance.
United States v. AT&T, 552 F.Supp. 131 (1982), was a ruling of the United States District Court for the District of Columbia, [1] that led to the 1984 Bell System divestiture, and the breakup of the old AT&T natural monopoly into seven regional Bell operating companies and a much smaller new version of AT&T.
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]
AT&T (NYSE: T) is a leading telecom provider in the U.S. While investors often load up on the stock for its dividend, it has also generated some decent returns over the past year. During that ...