AT
& T
Description
AT&T
Inc. is an American multinational telecommunications corporation, headquartered
at Whitacre Tower in downtown Dallas, Texas. AT&T is the second largest
provider of mobile telephone and the largest provider of fixed telephone in the
United States, and also provides broadband subscription television services.
AT&T is the third-largest company in Texas (the largest non-oil company,
behind only ExxonMobil and ConocoPhillips, and also the largest Dallas
company). As of May 2014, AT&T is the 23rd-largest company in the world as
measured by a composite of revenues, profits, assets and market value,and the 16th-largest
non-oil company. As of 2016, it is also the 18th-largest mobile telecom
operator in the world, with 130.4 million mobile customers.
AT&T can
trace its origin back to the original Bell Telephone Company founded by
Alexander Graham Bell after his invention of the telephone. One of that
company's subsidiaries was American Telephone and Telegraph Company (AT&T),
established in 1885, which acquired the Bell Company on December 31, 1899 for
legal reasons, leaving AT&T as the main company. AT&T established a
network of subsidiaries in the United States and Canada that held a
government-authorized phone service monopoly, formalized with the Kingsbury
Commitment, throughout most of the twentieth century. This monopoly was known
as the Bell System, and during this period, AT&T was also known by the
nickname Ma Bell. For periods of time, the former AT&T was the world's
largest phone company.
AT&T
stated that it would declare the intentions for its rural landlines on November
7, 2012. AT&T had previously announced that it was considering a sale of
its rural landlines, which are not wired for AT&T's U-verse service;
however, it has also stated that it may keep the business after all.
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