Wiki:At&t

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AT&T Inc.
Formerly
  • Southwestern Bell Corporation (1983–1995)
  • SBC Communications Inc.[1] (1995–2005)
Public
Traded as
ISINUS00206R1023
Industry
Predecessor
FoundedOctober 5, 1983; 36 years ago (1983-10-05)[2]
HeadquartersWhitacre Tower, ,
U.S.
Area served
Worldwide
Key people
Randall L. Stephenson
(Executive Chairman)
John Stankey
(CEO)
John J. Stephens
(SVP and CFO)
Products
RevenueIncrease US$181.2 billion (2019)
Decrease US$27.95 billion (2019)
Decrease US$13.90 billion (2019)
Total assetsIncrease US$551.7 billion (2019)
Total equityIncrease US$184.2 billion (2019)[3]
Number of employees
247,800 (2019)[4]
Divisions
Websiteabout.att.com

AT&T Inc. is an American multinational conglomerate holding company headquartered at Whitacre Tower in Downtown Dallas, Texas.[5] It is the world's largest telecommunications company,[citation needed] the largest provider of mobile telephone services,[citation needed] and the largest provider of fixed telephone services in the United States through AT&T Communications.[citation needed] Since June 14, 2018, it is also the parent company of mass media conglomerate WarnerMedia, making it the world's largest media and entertainment company in terms of revenue.[6] As of 2018, AT&T was ranked #9 on the Fortune 500 rankings of the largest United States corporations by total revenue.[7]

AT&T began its history as Southwestern Bell Telephone Company, a subsidiary of the Bell Telephone Company, founded by Alexander Graham Bell in 1877. The Bell Telephone Company became the American Telephone and Telegraph Company in 1885 and was later rebranded as AT&T Corporation. The 1982 United States v. AT&T antitrust lawsuit resulted in the divestiture of AT&T Corporation's ("Ma Bell") subsidiaries or Regional Bell Operating Companies (RBOCs), commonly referred to as "Baby Bells", resulting in several independent companies, including Southwestern Bell Corporation; the latter changed its name to SBC Communications Inc. in 1995. In 2005, SBC purchased its former parent AT&T Corporation and took on its branding, with the merged entity naming itself AT&T Inc. and using its history, iconic logo and stock-trading symbol. In 2006, AT&T Inc. acquired BellSouth, the last independent Baby Bell company, making its formerly joint venture Cingular Wireless (which had acquired AT&T Wireless in 2004) wholly owned and rebranding it as AT&T Mobility.

The current AT&T reconstitutes much of the former Bell System, and includes ten of the original 22 Bell Operating Companies along with the original long-distance division.[8]

  1. ^ Form 8-K Archived January 16, 2019, at the Wayback Machine. Securities and Exchange Commission. October 25, 2004. Accessed January 16, 2019.
  2. ^ Restated Certificate of Incorporation of AT&T Inc. Archived September 4, 2017, at the Wayback Machine Securities and Exchange Commission. April 24, 2009. Accessed September 3, 2017.
  3. ^ "2018 AT&T Earnings Investor Briefing" (PDF). AT&T. January 30, 2019.
  4. ^ "2019 AT&T EARNINGS Investor Briefing Q3" (PDF). ATT. October 28, 2019. Retrieved November 15, 2019.
  5. ^ Godinez, Victor and David McLemore. "AT&T moving headquarters to Dallas from San Antonio Archived June 26, 2009, at the Wayback Machine." The Dallas Morning News. Saturday June 28, 2008. Retrieved June 18, 2009.
  6. ^ Gillette, Felix (June 12, 2018). "Get Ready for Big Media to Get Bigger After AT&T Victory". www.bloomberg.com. Archived from the original on June 13, 2018.
  7. ^ "Fortune 500 Companies 2018: Who Made the List". Fortune. Archived from the original on November 10, 2018. Retrieved November 9, 2018.
  8. ^ Kleinfield, Sony (1981). The biggest company on earth: a profile of AT&T. New York: Holt, Rinehart, and Winston. ISBN 978-0-03-045326-7.

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