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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.
It was later bought by AT&T in 1995 and used by the pre-2004 "AT&T Wireless" after Cingular's purchase of AT&T Wireless in 2004 for $41 billion. [95] At that time, Cingular was jointly owned by SBC Communications (Southwestern Bell Corporation) of San Antonio, Texas, which owned 60 percent, and BellSouth of Atlanta, Georgia.
In the Mobility segment, AT&T clocked 617 thousand wireless net adds, including 429 thousand postpaid phone net adds. AT&T’s mobility segment saw a postpaid churn of 0.93% versus 0.95% a year ago.
AT&T Basking Ridge "Pagoda" campus renditions for office complex, 1972 AT&T 550 Madison Ave building no longer corporate headquarters after 1992 (pictured 2021) In 1978, AT&T commissioned a new building at 550 Madison Avenue. This new AT&T Building was designed by Philip Johnson and quickly became an icon of the new Postmodern architectural ...
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By 1998, the company was in the top 15 of the Fortune 500, and by 1999, when Zeglis assumed the positions of chairman and CEO of AT&T Wireless, AT&T was part of the Dow Jones Industrial Average (lasting through 2015). [34] [35] Zeglis ended his service as president of AT&T in 2001 and resigned from his positions in AT&T Wireless in 2004.
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