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BellSouth, LLC (stylized as BELLSOUTH and formerly known as BellSouth Corporation) was an American telecommunications holding company based in Atlanta, Georgia.BellSouth was one of the seven original Regional Bell Operating Companies after the U.S. Department of Justice forced the American Telephone & Telegraph Company to divest itself of its regional telephone companies on January 1, 1984.
Malheur Bell, an autonomous local phone company owned by Qwest, used the Bell name and logo until its merger into Qwest in 2009. Apart from historical documents, AT&T does not presently make active use of the Bell marks. Its local exchange companies have retained the "Bell" names; however, they have been doing business under other names since 2002.
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The new company then acquired BellSouth for $85.8 billion on January 3, 2007, with FCC approval. [16] Bell Atlantic merged with NYNEX on August 18, 1997, in a $25.6 billion deal, retaining the name Bell Atlantic, [17] and then with non-Bell GTE on June 30, 2000, to create Verizon Communications in a $70 billion deal. [18]
BellSouth Telecommunications, LLC is an operating company of AT&T that serves the southeastern United States. It consists of the former operations of Southern Bell and South Central Bell . BellSouth Telecommunications was a subsidiary of BellSouth Corporation which was acquired by AT&T Inc. on December 29, 2006.
By the mid-2000s, roughly 5% of the Russell 1000 members split their stock each year, and after the great financial crisis from 2008-2009, stock splits practically ceased.
On December 29, 2006, the FCC gave its final approval to the AT&T and BellSouth merger. With both parent companies merged into one, Cingular Wireless officially became AT&T Mobility in 2007. The rebranding phase was a gradual process but by mid-2007, the Cingular Wireless brand (not the company) was officially discontinued for the AT&T name. [9]
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