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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regulations and sbc communications inc. - All News and Analysis
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...
SBC Seeking to Maintain Secrecy in Network Access Lease Deals.
- 2004-05-05
By Sanford Nowlin, San Antonio Express-News Knight Ridder/Tribune Business News May 5--San Antonio-based SBC Communications Inc. has asked the Federal Communications Commission to let it withhold certain details of contracts it signs with competitors that lease access its phone networks. ...
SBC gets OK for long-distance service Decision will give consumers more options.(Business)
- 2003-10-16
Byline: S. A. Mawhorr Daily Herald Business Writer Consumers will have more choices for long-distance phone service after SBC Communications got the green light from federal regulators Wednesday to enter the long-distance market in four states, including Illinois. It's good news...
SBC Likely to Win Approval to Sell Long-Distance Phone Service in Illinois.
- 2003-10-15
By Jon Van, Chicago Tribune Knight Ridder/Tribune Business News Oct. 15--SBC Communications Inc. is expected to win approval to sell long-distance phone service in Illinois and three other Midwestern states on Wednesday from the Federal Communications Commission. The approval appears...
Michigan Regulators Embrace SBC's Long Distance Bid
- 2003-07-08
The Michigan Public Service Commission MPSC on Monday sent a "supplemental report" to the Federal Communications Commission regarding SBC Communications' [NYSE: SBC] re-filed application to enter Michigan's long distance market. In the report, the MPSC said SBC "has met the requirements for long-distance authorization and [the state regulatory agency] recommends...
California PUC Eyeing New Service Quality Standards For Verizon, SBC
- 2003-03-11
The California Public Utilities Commission issued a proposed ruling saying that its current regulatory framework doesn't ensure good service quality for the residential and business customers of SBC Communications [NYSE: SBC] and Verizon Communications [NYSE: VZ]. The commission said that from Jan. 1, 1990, until now SBC and Verizon have...
The Indianapolis Star Thomas Wyman Column.
- 2003-02-23
By Thomas Wyman, The Indianapolis Star Knight Ridder/Tribune Business News Feb. 23--Bill McCarty, the state's top utilities regulator, got what he wanted on phone rules. And not from his fellow Indiana Democrats, either, but from Republican Washington. ...
Consumer Group Says Move to Change Wholesale Rates Threatens Phone Competition.
- 2003-01-28
By Jon Van, Chicago Tribune Knight Ridder/Tribune Business News Jan. 28--Local phone competition, which is blossoming in Illinois and several other states, will end abruptly if federal regulators kill current wholesale rates, a national consumer group warned Monday. Eliminating the...
SBC Communications Inc. 2002 Annual Report
BNET
- 2003-01-01
"SBC had begins the year operating under a single, national brand, replacing the regional brands of the past except for SBC SNET. Management's discussions and analysis of financial conditions and results of operation is defined in the report covering the information about the Operating revenues that decreased $2,770, or...
Morgan Stanley Cuts RBOCs
- 2002-10-24
Investment firm Morgan Stanley Wednesday reduced its ratings on BellSouth [BLS], SBC Communications [SBC] and Verizon Communications [VZ] to "equalweight" from "overweight," saying that it expects the recent rally in the companies' stock prices to be short-lived. The firm said the rally had been driven, in part, by investors'...
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