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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News & Analysis
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sales and sbc communications inc. - All News and Analysis
FCC OKs SBC/AT&T, and Verizon/MCI mergers
- 2005-11-04
The Federal Communications Commission approved the mergers of SBC Communications Inc. with AT&T Corp. and Verizon Communications Inc. with MCI Inc. The Commission concluded that consumers will reap the rewards of the public-interest benefits that will flow from these mergers. These benefits include integration of complementary networks, which will...
Late News.(Newsbriefs)(b)
- 2004-05-17
RETAIL REBOUND LIFTS LOCAL STORES Retail sales in the Chicago area rebounded in 2003, climbing 1.2% to $90.7 billion after a decline in 2002, according to a report to be released this week by Chicago-based Melaniphy & Associates Inc., a consul RETAIL REBOUND...
On The 8th Floor: SBC Blasts Martin For Seeking Details Of Talk America Deal
- 2004-05-05
At the same time SBC Communications is pressuring the FCC to step in and bar state regulators from compelling the Bell company to reveal details of its interconnection agreement with Sage Telecom, SBC also is trying to sidestep a confrontation with FCC Commissioner Kevin Martin. SBC on Monday fired...
SBC, union clash over health costs
- 2004-04-02
As many as 100,000 employees at SBC Communications Inc., the second-largest U.S. local-phone company, may be without labor contracts by Saturday as their union fights a plan to shift more health-care costs to workers. San Antonio-based SBC is seeking to charge technicians, call center employees, sales staff and retirees premiums...
Federal Appeals Court Rejects Local Phone Service Rules; Oklahoma Unaffected.
- 2004-03-03
By Jim Stafford, The Daily Oklahoman Knight Ridder/Tribune Business News Mar. 3--An appeals court in Washington on Tuesday rejected federal rules giving states more authority to determine which companies may offer local phone service within their borders. However, an...
Daily News, New York, Wall Street Column.
- 2004-02-10
By Tom Van Riper, Daily News, New York Knight Ridder/Tribune Business News Feb. 10--Stocks eased off yesterday, as many investors kept to the sidelines while awaiting Fed chairman Alan Greenspan's report to Congress tomorrow. The Dow dropped 14 to...
SBC Communications Expands Yahoo DSL Sales to 2,000 Retail Stores.
- 2003-12-05
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's Four-State 271 Application Shocks AT&T
- 2003-07-18
One day after the U.S. Department of Justice turned thumbs down on SBC Communications' [NYSE: SBC] application to provide long-distance service in Michigan, the Baby Bell filed a multi-state Section 271 application to enter the long distance business in Illinois, Indiana, Ohio and Wisconsin. Long distance giant AT&T [NYSE:...
The Dallas Morning News Business Briefs Column.
- 2003-02-07
The Dallas Morning News Knight Ridder/Tribune Business News Feb. 7--JUDGE FITE ACQUIRES WEATHERFORD FIRM: Century 21 Judge Fite Co. has purchased a Weatherford real estate company, Century 21 Jim Duncan. The merger will expand Dallas-based Fite Co.'s real estate sales operations in...
SBC Moves Closer To California LD Approval
- 2002-12-16
California regulators are close to reversing themselves and ruling that SBC Communications [NYSE: SBC] has satisfied state requirements to begin selling long-distance service in the state. Three months ago, the California Public Utilities Commission CPUC ruled that the company met federal but not state requirements to provide the service. The...
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