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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networking and sbc communications inc. - All News and Analysis
US Justice Dept. approves SBC-AT&T, Verizon-MCI mergers
- 2005-10-27
WASHINGTON AFP — The US Justice Department approved the telecommunications industry mega-mergers of Verizon with MCI and SBC Communications with AT&T, subject to the divestiture of some operations by both groups. The approvals clear a major hurdle to the deals that create two telecom powerhouses in the United States....
Draft legislation would ease franchising: net neutrality also in House proposal.
- 2005-09-19
Washington -- Within a few days of filing some paperwork and putting up a bond, phone companies would be able to waltz into cable markets and offer video programming with minimal local interference, according to House draft legislation circulated last week. In...
Draft Legislation Would Ease Franchising (Multichannel News)
- 2005-09-19
Net Neutrality Also in House Proposal Washington-- Within a few days of filing some paperwork and putting up a bond, phone companies would be able to waltz into cable markets and offer video programming with minimal local interference, according to House draft legislation circulated last...
Telcos' persistence overcomes resistance: the bells again vie for video--and this time, they mean business.
- 2005-08-30
This time the telcos mean it. Years ago, phone company leaders promised to invade cable markets with the latest in pay-video technology. Some did, rolling out hybrid fiber coaxial and wireless networks here and there. But those efforts were tentative at best and ultimately collapsed. ...
TX Telco-TV Bill Won't Die (Multichannel News)
- 2005-07-25
Bill Could Be Back on the Table at Second Special Session Like the regular session before it, a special session of the Texas legislature that was considering a much-watched statewide franchise bill supported by Verizon Communications Inc. timed out July 20 at midnight. ...
Texas Telecom Bills Slide As Legislature Adjourns
- 2005-06-06
The Texas legislature let a number of telecom-related bills slide into the Ether as the state body adjourned its 79th legislative session (not to reconvene for a traditional two-year period - early 2007) after members of the Austin capitol's House and Senate regularly counter-amended and counterpointed ...
DSL surge still can't catch cable modems.(Market Intelligence)(digital subscriber line)
- 2005-03-01
The ferocious effort by U.S. telephone companies employing DSL to catch up with cable broadband installations has brought DSL additions neck-and-neck with cable additions, according to a report released Wednesday. The Leichtman Research Group reported that broadband installations now total more than 33.2...
CyberZONE subsidiary CyberBrew receives overwhelming prospective franchise requests: CBZJ, EBAY, SBC, SBUX.
- 2005-02-09
M2 PRESSWIRE-9 February 2005-InvestSource Inc.: CyberZONE subsidiary CyberBrew receives overwhelming prospective franchise requests: CBZJ, EBAY, SBC, SBUXC1994-2005 M2 COMMUNICATIONS LTD RDATE:02092005 Stocks in the News: CyberZONE Incorporated (OTC: CBZJ), eBay Incorporated (NASDAQ: EBAY), SBC Communications Incorporated (NYSE: SBC), Starbucks Corporation...
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...
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