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
Recent Events
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National summit encourages Latina entrepreneurship
News & Analysis
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baby bell and sbc communications inc. - All News and Analysis
SBC, a Baby Bell, swallows its parent in deal for AT&T
- 2005-01-31
SBC Communications on Sunday night was close to concluding a $16 billion deal for its former parent, AT&T, that would lead to the virtual disappearance of one of America's best known corporate icons and set off what promises to be a new round of competition between the Baby Bells, executives...
Child Is the Father to Mom, The
- 2005-01-31
Will former telecom heavyweight AT&T be gobbled up by a Baby Bell? Reports quoting unnamed executives say that San Antonio, Texas-based SBC Communications may acquire its Bedminster-based progenitor for $15 billion. AT&T spokesman Jim Byrnes says he "cannot comment on what is considered to be a rumor." SBC was spun...
End of an icon? SBC reported in talks to buy AT&T
- 2005-01-27
NEW YORK AFP — In what could spell the end of an American corporate icon, SBC Communications was reported to be in talks to buy AT&T Corp. Such an acquisition would close the books on one of the greatest corporate empires ever built, the company once known as "Ma...
Phone Competition, Rules at Heart of Debate.
- 2004-06-11
By Vikas Bajaj, The Dallas Morning News Knight Ridder/Tribune Business News Jun. 11--In the last eight years, 19 million consumers and small businesses switched their local-phone company and millions others signed up for discount calling plans from their existing Baby Bell provider....
Bush Administration Won't Appeal Telecommunications Rules.
- 2004-06-10
By Vikas Bajaj, The Dallas Morning News Knight Ridder/Tribune Business News Jun. 10--In a big victory for the nation's four local-phone giants, the Bush administration said Wednesday that it won't ask the Supreme Court to restore requirements that the companies rent their...
Telephone Firms Work to Negotiate Wholesale Rates in 45 Days.
- 2004-04-20
By Vikas Bajaj, The Dallas Morning News Knight Ridder/Tribune Business News Apr. 20--What they couldn't agree on in eight years, telephone companies are now trying to settle in 45 days. The former telephone monopolies and their rivals have an opening to...
Announcement of SBC-EchoStar Deal Dampens Cable Stocks.
- 2003-07-22
By Harry Berkowitz, Newsday, Melville, N.Y. Knight Ridder/Tribune Business News Jul. 22--Efforts by Baby Bells to compete with cable TV providers jumped a notch yesterday as SBC Communications and Qwest Communications each announced a new marketing deal with satellite provider EchoStar ...
Federal Ruling Means Baby Bell Companies Continue to Face Competition.
- 2003-02-21
By Jason Gertzen, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News Feb. 21--The local telephone wars will continue. With the backing of a new Federal Communications Commission ruling issued Thursday, Baby Bell companies such as SBC Communications Inc. will continue to...
Dell, Telephone Giants Team Up to Push DSL Lines.
- 2003-01-08
By John Pletz, Austin American-Statesman, Texas Knight Ridder/Tribune Business News Jan. 8--The former Baby Bells are enlisting the help of Dell Computer Corp. in their battle against cable companies to provide high-speed access to the Internet. SBC Communications Inc.,...
Phone service in months ahead.
- 2002-05-03
Better phone service in months ahead. BellSouth, Verizon, Qwest and SBC Communications, which provide nearly 80% of local phone service, are improving customer service, but not for fear of losing your account. The Baby Bells are trying to prove their quality to regulators. ...
Glass Door
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