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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.
Post-breakup, the former parent company's main business was now AT&T Communications Inc., which focused on long-distance services, and with other non-RBOC activities. AT&T acquired NCR Corporation in 1991. AT&T announced in 1995 that it would split into three companies: a manufacturing/R&D company, a computer company, and a services company.
One of the new companies formed by the breakup of AT&T was Southwestern Bell Corporation. This company grew continuously over the years until it acquired AT&T in 2005. After this acquisition, SBC took on AT&T's name and branding, and this is the company known as AT&T today.
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.
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]
AT&T announced in 1995 that it would split into three companies: a manufacturing/R&D company, a computer company, and a services company. NCR, Bell Labs and AT&T Technologies were to be spun off by 1997. In preparation for its spin-off, AT&T Technologies was renamed Lucent Technologies. Lucent was completely spun off from AT&T in 1996.
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.
It was not included in the Bell System breakup of 1984 because the original AT&T held only a minority stake in that company. Verizon, in addition to its role as a RBOC in its areas retained in the East, serves former GTE areas in Pennsylvania and Virginia. Verizon formerly served ex-GTE areas in parts of California, Florida and Texas before ...