AT&T Corporation

This article is about the subsidiary of AT&T, Inc which was originally known as American Telephone and Telegraph Company. For the 2005 company that resulted from the acquisition by SBC, see AT&T.

AT&T Corporation
FormerlyAmerican Telephone and Telegraph Company (1885–1994)
Company typeSubsidiary
NYSE: T
S&P 100 component (until 2024)
S&P 500 component (until 2024)
DJIA component (until 2015)
IndustryTelecommunications
PredecessorAmerican Bell
FoundedMarch 3, 1885 (1885-03-03)
New York City, United States[1]
FounderTheodore Newton Vail[2][3]
DefunctMay 1, 2024 (2024-05-01)
FateDissolution
SuccessorAT&T Inc.
Headquarters
Bedminster, New Jersey
,
United States
Area served
United States
Products
ParentAmerican Bell (1885–1899)
AT&T (2005-2024)
SubsidiariesAT&T Communications

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.

During the Bell System's long history, AT&T was at times the world's largest telecommunications company, the world's largest cable television operator, and a regulated monopoly. At its peak in the 1950s and 1960s, it employed one million people and its revenue ranged between US$3 billion in 1950[4] ($42.6 billion in present-day terms[5]) and $12 billion in 1966[6] ($120 billion in present-day terms[5]).

In 2005, AT&T was acquired by "Baby Bell" and former subsidiary SBC Communications for more than $16 billion ($25.8 billion in present-day terms[5]). SBC then changed its name to AT&T Inc., with AT&T Corporation continuing to exist as a long-distance calling subsidiary until its dissolution on May 1, 2024.[7]

  1. ^ "Foreign Corporations". bsd.sos.mo.gov. Missouri Secretary of State. Retrieved May 7, 2024.
  2. ^ Russell, Andrew L. (2014). Open Standards and the Digital Age: History, Ideology, and Networks. Cambridge University Press. p. 100. ISBN 978-1-107-03919-3.
  3. ^ Abate, Frank R., ed. (1999). The Oxford Desk Dictionary of People and Places. Oxford University Press. p. 386. ISBN 0-19-513872-4. Retrieved May 21, 2024.
  4. ^ "Annual Report 1950, American Telephone & Telegraph Company" (PDF).
  5. ^ a b c 1634–1699: McCusker, J. J. (1997). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States: Addenda et Corrigenda (PDF). American Antiquarian Society. 1700–1799: McCusker, J. J. (1992). How Much Is That in Real Money? A Historical Price Index for Use as a Deflator of Money Values in the Economy of the United States (PDF). American Antiquarian Society. 1800–present: Federal Reserve Bank of Minneapolis. "Consumer Price Index (estimate) 1800–". Retrieved February 29, 2024.
  6. ^ "Annual Report 1966, American Telephone & Telegraph Company" (PDF).
  7. ^ McDonald, Laura (April 18, 2024). "Farewell to AT&T Corp". Levine, Blaszak, Block & Boothby, LLP. Retrieved May 1, 2024.
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