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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]
The new AT&T Inc. lacks the vertical integration that characterized the historic AT&T Corporation and led to the Department of Justice antitrust suit. [23] AT&T Inc. announced it would not switch back to the Bell logo, [24] thus ending corporate use of the Bell logo by the Baby Bells, with the lone exception of Verizon.
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 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.
AT&T Information Systems (ATTIS), originally known as American Bell, was the fully separate subsidiary of American Telephone & Telegraph Company (AT&T) which focused on computer technology ventures and telephone sales, and other unregulated business. It was one of the three core units of AT&T formed after the breakup of the Bell System.
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 ...
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