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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.
AT&T agreed to divest its local exchange service operating companies, effective January 1, 1984. The group of local operating companies were split into seven independent Regional Bell Operating Companies, which became known as the Baby Bells. [1] RBOCs were originally known as Regional Holding Companies (RHCs).
The name change came after AT&T's merger with BellSouth, as well as with southeast-region telephone operations. [citation needed] Bedminster, New Jersey, is home to the AT&T Global Network Operations Center and is the headquarters of AT&T Corp., the long-distance subsidiary of AT&T Inc.
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The second stock-split stock that at least one prominent billionaire fancies ahead of the new year is customizable rack server and storage-solutions company Super Micro Computer (NASDAQ: SMCI).
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.
The poster-child for splits has been Nvidia, which split its stock 4-for-1 in 2021 and then a whopping 10-for-1 this past summer. But Nvidia isn't the only stock to do so.
Nvidia completed a 10-for-1 split on June 10 that reduced its stock price from $1,200 to around $120. ... For example, a 10-for-1 stock split would increase a company's share count tenfold, and ...