BNET Industries
Last Fiscal Year Sales:$43.8B
- Private
- US
Dow Jones Description
Currently AT&T, Inc., formed in 2005 by SBC Communications' purchase of its former parent company, AT&T Corp. As a part of the merger, SBC shed its name and took on the iconic AT&T moniker and the ?T? stock-trading symbol. Despite that the corporation is considered SBC renamed, most of its major subsidiaries were part of AT&T prior to 1984, including the Bell Operating Companies and the long distance division. SBC Communications Inc. was a Fortune 50 company whose subsidiaries, operating under the SBC brand, provided a full range of voice, data, networking, e-business, directory publishing and advertising, and related services to businesses, consumers and other telecommunications providers. SBC held a 60 percent ownership interest in Cingular Wireless, which served more than 50 million wireless customers. SBC companies provided high-speed DSL Internet access lines to more American consumers than any other provider and were among the nation's leading providers of Internet services. SBC companies also offered satellite TV service.
Number of Employees 189,000
Peer Companies
NAICS Code : 517310
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News & Analysis
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acquisition and sbc communications inc. - All News and Analysis
AT&T.(new marketing plans after acquisition by SBC Communications Inc.)
- 2006-08-14
Following its acquisition by SBC Communications last November, AT&T launched the most aggressive campaign in its more than 120-year history to introduce the new brand to consumer, business and government audiences. Following its acquisition by SBC Communications last November, AT&T launched the most...
Justice Department Requires Divestitures in Verizon's Acquisition of MCI and SBC's Acquisition of AT&T
- 2005-10-27
WASHINGTON, Oct. 27 /U.S. Newswire/ -- The Department of Justice announced today that it will require Verizon Communications Inc. and SBC Communications Inc. to divest portions of certain local fiber- optic network facilities in order to proceed with theiWASHINGTON, Oct. 27 /U.S. Newswire/ -- The Department of Justice announced today...
DOJ Requires Divestitures in Verizon's Acquisition of MCI and SBC's Acquisition of AT&T
- 2005-10-27
WASHINGTON, Oct. 27 /U.S. Newswire/ -- The Department of Justice announced today that it will require Verizon Communications Inc. and SBC Communications Inc. to divest portions of certain local fiber- optic network facilities in order to proceed with theiWASHINGTON, Oct. 27 /U.S. Newswire/ -- The Department of Justice announced today...
SBC reportedly in talks to buy AT and T
- 2005-01-27
NEW YORK AFP — SBC Communications is in talks to to buy AT and T Corp. for more than 15 billion dollars in a deal that could see the end of the once-dominant telecom firm known as Ma Bell, published reports said. Such an acquisition would create the United...
SBC Communications to Realize Multiple Benefits from Cingular Wireless Acquisition of AT&T Wireless
- 2004-10-26
SAN ANTONIO -- Merger positions SBC companies for stronger growth in important wireless arena, Enhances integrated wireless/wireline solutions, Creates new revenue opportunities across other business lines
Flawed mega-deals shatter promises; Last year's flops cast doubt on new round of blockbusters.
- 2001-01-22
As merger activity in Chicago ebbed last year, cracks began to show in some of the largest deals cut by local companies in the previous two years. Blockbusters of 1998 and 1999 involving such names as Bank One Corp., Ameritech Corp., MarchFirst In ...
10: Ameritech hang-ups; Phone follies: Customers on hold.(acquisition causes service problems)(Brief Article)
- 2000-12-18
As the Internet economy moved to the masses this year-making fast Web connections and mobile online shopping as affordable as an evening out-tens of thousands of Midwesterners couldn't make a simple phone call. The trouble began in the spring, six mo As the Internet economy moved...
SBC Communications Completes Acquisition of Radiofone, Inc
- 2000-03-02
Business Editors/Technology Writers
Brazil: ABC targest acquisition of Algar.
- 1999-12-14
SBC Communications US is one of the prospective bidders of the Brazilian telecoms group Algar. It has not been defined yet the future relationships of both companies, and SBC may acquire a stake in Algar,or to associate with it. So far the only ...
SBC Communications Completes Acquisition of Cellular Communications of Puerto Rico
- 1999-08-24
SAN ANTONIO--BUSINESS WIRE--Aug. 24, 1999--
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