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SBC Communications bought AT&T Corp. on November 18, 2005, and changed its name to AT&T Inc. Shortly afterwards, on January 15, 2006, AT&T companies were given new d.b.a names. As a result, officially, Southwestern Bell began conducting business under the following names: AT&T Arkansas, AT&T Kansas, AT&T Missouri, AT&T Oklahoma, and AT&T Texas.
The announcement came almost eight years after SBC and AT&T (originally known as the American Telephone and Telegraph Company) called off their first merger talks and nearly a year after initial merger talks between AT&T Corp. and BellSouth fell apart. AT&T stockholders' meeting in Denver, approved the merger on June 30, 2005.
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.
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.
SBC announced in October 2005 that it would shed the "SBC" brand and take the more recognizable AT&T brand, along with the old AT&T's "T" NYSE ticker symbol. Merger approval concluded on November 18, 2005; SBC Communications began rebranding the following Monday, November 21 as " the new AT&T " and began trading under the "T" symbol on December 1.
On March 5, 2006, AT&T (SBC after acquiring the original AT&T) announced its intentions to acquire BellSouth Corporation, and on December 29, 2006, BellSouth Telecommunications became an operating company of AT&T [2] The merger also consolidated the ownership of Cingular Wireless, which became AT&T Mobility.
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 Telecom, Inc. d/b/a AT&T Small Business is a CLEC owned by AT&T that offers local telephone service outside the AT&T Bell Operating Company regions. [1] [better source needed] It was formed in 1999 following provisions that required SBC Communications to offer telephone service outside its boundaries in order to get approval to merge with Ameritech.