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; 35 years ago (1983-10-05)[2]
HeadquartersWhitacre Tower, ,
U.S.
Area served
Worldwide
Key people
Randall L. Stephenson
(Chairman and CEO)
John Stankey
(President and COO)
John J. Stephens
(SVP and CFO)
Products
RevenueIncrease US$170.756 billion (2018)
Increase US$26.096 billion (2018)
Increase US$19.953 billion (2018)
Total assetsIncrease US$531 billion (2018)
Total equityIncrease US$193.884 billion (2018)[3]
Number of employees
273,210 (2018)[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, the largest provider of mobile telephone services, and the largest provider of fixed telephone services in the United States through AT&T Communications. 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 is 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 evolved into American Telephone and Telegraph Company in 1885, which 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 iconic logo and stock-trading symbol. In 2006, AT&T Inc. acquired BellSouth, the last independent Baby Bell company, making their 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. Securities and Exchange Commission. October 25, 2004. Accessed January 16, 2019.
  2. ^ Restated Certificate of Incorporation of AT&T Inc. 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. ^ "AT&T Inc. 2018 Quarterly Report (10-Q)". U.S. Securities and Exchange Commission. August 2, 2018. Retrieved September 4, 2018.
  5. ^ Godinez, Victor and David McLemore. "AT&T moving headquarters to Dallas from San Antonio." The Dallas Morning News. Saturday June 28, 2008. Retrieved June 18, 2009.
  6. ^ "Bloomberg - Are you a robot?". www.bloomberg.com.
  7. ^ "Fortune 500 Companies 2018: Who Made the List". Fortune. 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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