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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]
SBC Long Distance is a separate subsidiary than AT&T Communications, the incumbent long-distance carrier for most of the country acquired in the SBC merger with AT&T. SBC Long Distance started in 1996 as Southwestern Bell Communications Services, Inc. , created as a result of the Telecommunications Act of 1996 which allowed the Baby Bells to ...
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" and a new AT&T corporate logo. [15] The new company then acquired BellSouth for $85.8 billion on January 3, 2007, with FCC approval.
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Sterling Commerce was a software and services company providing Omni-Channel Commerce, B2B including Electronic data interchange (EDI) translation software and one of the first B2B Integration platforms and managed file transfer ("MFT") products [1] such as Connect:Direct (originally named Network Data Mover).
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In 2016, Time Warner agreed to pay a $1.6 billion breakup fee to AT&T if it backed out of that merger. AT&T would have paid $500 million to Time Warner. The pact with WarnerMedia stunned Hollywood ...
The Southern New England Telephone Company, a regional LEC that AT&T owned 16.8% of before 1984 and thus was left separate by the 1984 break-up (subsequently acquired by SBC and then sold to Frontier by the new AT&T after the SBC-AT&T merger) Other "Bell System" companies