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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SBC to cut jobs after profit drop
NEW YORK AFP — SBC Communications said its fourth-quarter profit slid 16.7 percent on one-time merger costs, but revenue rose on the strength of data and high-speed Internet sales. In related news, the company said it expects to eliminate 7,000 jobs in 2005, or 4.4 percent of its 163,000...
SBC: Regulation plays role in state job cuts.(News)
Byline: Amy Lane SBC Communications Inc. says Michigan has an inhospitable regulatory climate that's playing into where it puts jobs and investment. And it's watching at least two cases at the Michigan Public Service Commission - one involving Byline:...
SBC Communications to cut 10,000 jobs by the end of the year
SBC Communications plans to eliminate 10,000 jobs by the end of 2005. The communications company employs about 3,300 people in Oklahoma, said Andy Morgan, spokesman for SBC Oklahoma. I don't have any Oklahoma-specific information, Morgan said regarding the cuts. San Antonio-based SBC is not offering any further comment on the...
Toledo, Ohio, call center for SBC Communications to close; 36 to lose jobs.
By Gary T. Pakulski, The Blade, Toledo, Ohio Knight Ridder/Tribune Business News By Gary T. Pakulski, The Blade, Toledo, Ohio Knight Ridder/Tribune Business News
Business, Labor and Community Leaders Join Forces in Support of Broadband Parity; Say Competition Good for Consumers, Economic Development, Jobs
Business Editors/High-Tech Writers SPRINGFIELD, Ill.--BUSINESS WIRE--March 25, 2003 Leaders of organized labor, business and community groups showed their support of broadband parity legislation today, heralding a bill sponsored by Illinois Senate Environment and Energy Committee member Dennis Jacobs (D-36th) as a benefit for consumers. The organizations stressed the...
SBC Communications Plans to Cut 11,000 More Jobs.
By Kirk Ladendorf, Austin American-Statesman, Texas Knight Ridder/Tribune Business News By Kirk Ladendorf, Austin American-Statesman, Texas Knight Ridder/Tribune Business News
SBC Communications Will Cut 11,000 Jobs.
By Jerri Stroud, St. Louis Post-Dispatch Knight Ridder/Tribune Business News By Jerri Stroud, St. Louis Post-Dispatch Knight Ridder/Tribune Business News
SBC Communications to Drop 11,000 More Jobs, Some in Wisconsin.
By Thomas Content, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News By Thomas Content, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News
Its Earnings Down, SBC Communications Inc. to Cut More Jobs.
By Sanford Nowlin, San Antonio Express-News Knight Ridder/Tribune Business News By Sanford Nowlin, San Antonio Express-News Knight Ridder/Tribune Business News
SBC Communications Says Small Percentage of Job Cuts Expected in Connecticut.
By David A. Smith, Waterbury Republican-American, Conn. Knight Ridder/Tribune Business News By David A. Smith, Waterbury Republican-American, Conn. Knight Ridder/Tribune Business News


