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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.
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.
In February 2005, SBC announced its plans to acquire former parent company AT&T Corp. for over $16 billion. SBC took on the AT&T name upon merger closure on November 18, 2005. SBC began trading as AT&T Inc. on December 1, 2005, but began re-branding as early as November 21 of the same year. In 2006 AT&T Inc. purchased BellSouth. [3]
Similarly, you own the same $1,500 in dollar value that you had before the stock split. Most forward stock splits are 2-for-1 or 3-for-1, though sometimes you might see a 3-for-2 split.
Stock splits often result in a bump in the stock’s price, simply because more investors are interested in the stock at the new price than were interested at the old price.
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However, the merged company took the better-known AT&T name and branding, changing its corporate name to AT&T Inc. to differentiate the company from the former AT&T Corporation. On December 1, 2005, the merged company's New York Stock Exchange ticker symbol was changed from "SBC" to the traditional "T" used by AT&T.
AT&T: Liberty Media Corporation: 42 66 [3] 8 2015 CK Hutchison Holdings: Cheung Kong Property Holdings: 37 43 [3] 9 2006: Viacom: Viacom Inc., CBS Corporation: 32 44 [3] 10 1999 Hewlett-Packard: Agilent Technologies: 30 50 [3] 11 2012 Kraft Foods Inc: Kraft Foods Group Inc, Mondelez International: 27 33 [3]