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The new AT&T Inc. lacks the vertical integration that characterized the historic AT&T Corporation and led to the Department of Justice antitrust suit. [23] AT&T Inc. announced it would not switch back to the Bell logo, [24] thus ending corporate use of the Bell logo by the Baby Bells, with the lone exception of Verizon.
The AT&T Wireless brand was retired by Cingular on April 26, 2005, six months after the close of the merger. This was per a pre-spinoff agreement with AT&T Corp. that stated that if AT&T Wireless was to be bought by a competitor, the rights to the name AT&T Wireless and the use of the AT&T name in wireless phone service would revert to AT&T Corp.
On November 8, 2017, the United States Department of Justice informed AT&T and Time Warner that they must sell either DirecTV or Turner Broadcasting System, the group of channels that includes CNN, if they want approval for their $84.5 billion merger, according to a New York Times report citing people briefed on the matter. AT&T CEO Randall ...
Yes, the Department of Justice took AT&T's local operations and split it up into. Younger readers may not believe this, but there was a time when AT&T (T) was so powerful that the government had ...
Investors can't make up their minds about AT&T's (NYS: T) third quarter, and for good reason. This morning's coverage of the report teetered between celebratory and condemning. For example ...
United States v. AT&T, 552 F.Supp. 131 (1982), was a ruling of the United States District Court for the District of Columbia, [1] that led to the 1984 Bell System divestiture, and the breakup of the old AT&T natural monopoly into seven regional Bell operating companies and a much smaller new version of AT&T.
2013 has not been kind to AT&T . Shares of the telecommunications giant have gained just 6% year to date while the Dow Jones soared 22% higher. Worse, AT&T shares have been totally dead money in ...
Partnering with AT&T as a technology provider, McCaw introduced their "Cellular One" service in 1990, the first truly national cellular system. AT&T purchased 33% of the company in 1992, and arranged a merger in 1994 that made Craig McCaw one of AT&T's largest shareholders. In 2002, the company was spun off from AT&T to become AT&T Wireless ...