The Invention Of The Bell System (AT & T)

AT&T has its roots in the invention of the device that would change the communications history of modern man. In 1876 the Bell Telephone and New England Telephone and Telegraph Companies were created. They became known as the Bell System and were a monopoly for telecommunications in the United States. In 1885 the American Telephone and Telegraph Company was formed as a subsidiary of the Bell System to build and operate a long distance network. Its name was changed to AT&T Corp. in 1994. By 1913 AT&T became a government-sanctioned monopoly. In 1982, an anti-trust lawsuit forced AT&T to divest itself of the Bell Systems local carriers. Twenty Three years later SBC, one of the divested local companies acquired AT&T Corp., and long-distance and local telephone services was once again delivered by one company. …show more content…
The company had recorded revenues of $132.4 billion in the financial year ending December 2014. (Yahoo Finance, 2015) The Company 's wireline subsidiaries operate twenty-one states, including Alabama, Arkansas, California, Illinois, Indiana, Florida, Georgia, Kentucky, Louisiana, Kansas, Michigan, Mississippi, Missouri, Nevada, North Carolina, Ohio, Oklahoma, South Carolina, Tennessee, Texas and Wisconsin. (Rueters, 2016). The majority of its revenue measured at 55% comes from the wireless operating segment of its