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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.
IBM also committed to billing and installation for AT&T's long-distance customers in a 10-year deal valued at US$4 billion; and assumed management of AT&T's data processing centers. With long-distance rates falling and the market for telecommunications services overall weakening, AT&T could not sustain the debt it had incurred in these ventures.
Under the historical cost basis of accounting, assets and liabilities are recorded at their values when first acquired. They are not then generally restated for changes in values. Costs recorded in the Income Statement are based on the historical cost of items sold or used, rather than their replacement costs. For example,
The current AT&T Inc. claims the original AT&T Corporation's history (dating to 1877) as its own, [39] but retains SBC's pre-2005 corporate structure and stock price history. As well, all SEC filings before 2005 are under SBC, not AT&T. AT&T made an attempt in 2011 to purchase T-Mobile for a $39 billion stock and cash offer. [40]
AT&T Corporation, an abbreviation for its former name, the American Telephone and Telegraph Company, was an American telecommunications company that provided voice, video, data, and Internet telecommunications and professional services to businesses, consumers, and government agencies.
The Bell System was a system of telecommunication companies, led by the Bell Telephone Company and later by the American Telephone and Telegraph Company (AT&T), that dominated the telephone services industry in North America for over 100 years from its creation in 1877 until its antitrust breakup in 1983.
If you were an AT&T cellphone customer in 2022, your call data was possibly breached to bad actors. AT&T said Friday that data was breached from “nearly all” of its cellular customers and the ...
In the modern sense of offering service to all people, the promotion of universal service in telecommunications was crystalized in the 1960s. Some sources point to the earlier Communications Act of 1934 as promoting universal service based on the language of its preamble, but other historians have pointed out that in the early 20th century "universal service" was originally an AT&T marketing ...