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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 was founded as Bell Telephone Company by Alexander Graham Bell, Thomas Watson and Gardiner Greene Hubbard after Bell's patenting of the telephone in 1875. [21] By 1881, Bell Telephone Company had become the American Bell Telephone Company. [22]
In 2005, SBC acquired former parent AT&T Corporation and took the AT&T name, becoming AT&T Inc. In 2006, BellSouth was acquired by AT&T Inc. In 2008, Verizon sold its operations in northern New England to FairPoint Communications; In 2011, Qwest was acquired by CenturyLink, which subsequently changed its name to Lumen Technologies in 2020.
After the break-up, AT&T operated their ships under a subsidiary called AT&T Submarine Systems Inc, based in Morristown, New Jersey, until they sold six ships to Tyco International Ltd in 1997 for $850 million. [22] AT&T continued to maintain their communication building facilities. Here is a list of the cable laying-ship fleet:
AT&T Corporation RBOC grouped into "Baby Bells" split off in 1984: BellSouth: AT&T Corporation (non-LEC)Ameritech: Pacific Telesis: Southwestern Bell (later SBC Communications)Bell Atlantic
Pacific Telesis is more commonly known as "Pac Bell". Prior to the January 1, 1984, breakup of the Bell System, the corporate name of its principal subsidiary Pacific Bell was The Pacific Telephone & Telegraph Company, which had also been referred to as "PacTel." After the corporate name change, Pacific Bell was commonly known as "PacBell."
AT&T has been subject to subsequent breaches, including an April cyberattack it disclosed in July in which hackers "nearly all" of its cellular customers' text and call records for a six-month ...
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.