AT&T is the largest telecommunications company in the United States and one of the largest in the world. AT& T provides long distance, High Speed Internet service. The company also sells phone and data products and services. AT&T was founded in 1876, following Alexander Graham Bell's invention of the telephone. As the parent company of the Bell System, AT&T provided the best telephone service in the world. The Bell System was divested in 1984. AT&T agreed to divest itself of its local telephone operations but retain its long distance, R&D and manufacturing units SBC Communications Inc. (formerly known as Southwestern Bell Corp.) was born out of the divestiture. In 1996, SBC Communications Inc. embarked upon a series of acquisitions: Pacific Telesis Group (1997), Southern New England Telecommunications (1998) and Ameritech Corporation (1999). With the merger of AT&T Corp. and SBC Communications Inc., AT&T is now one of the largest global telecommunications and networking companies.
The mission of AT&T is: “Setting the standard for a new era of communications and entertainment”.The businesses of AT&T are:
Residential:- Internet Services (High Speed Internet, Wi-Fi, CallVantage)
- Voice( Local Service and Long Distance Service)
- Digital Satellite TV (DISH Network, Homezone)
- Wireless Phone
Key Statistics
- Assets held by AT&T amounts to $145,632 millions.
- AT&T has made profits of $4,786 millions in 2006.
- AT&T operates in 149 countries.
- AT&T has 189,950 employees worldwide.
The organization is headed by Edward E. Whitacre Jr., chairman and chief executive officer. The structure includes Executives and Directors.
International Ranking
- AT&T ranks 49 in the world according to the Forbes Magazine.
- AT&T ranks 121 in Fortune Global 500 list.
Recent Merger and Acquisition:
AT&T and Bellsouth have recently agreed into a merger agreement whereby AT&T Inc. is about to acquire Bellsouth Corporation.
Headquarter Address
175 E. Houston St.San Antonio, Texas 78205
Phone : 210-821-4105
Website URL: www.att.com