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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sbc communications inc. and telephony - 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....
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 ...
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...
VoIP gets corporate approval as Cisco wins three major deals
- 2004-11-01
* Voice over IP is one of the most talked-about technology trends of 2004 and, in contrast to a few years ago when it had its last hype wave, products are available that can actually deliver enterprise class telephony. Although most of the chat in recent months has been about...
Ford and SBC sign VoIP deal as enterprise adoption grows: surveys foresee IP telephony use soaring among large companies
- 2004-11-01
The recent deal between SBC Communications and Ford Motor Co. that will see SBC companies design, implement and manage an IP telephony system at Ford's headquarters and other facilities in Michigan is stoking the view that VoIP technology is finally moving into mainstream enterprise deployment. The SBC agreement, which...
Regional Telecom Firms Rank Near Top of Federal Lobbying Charts.
- 2004-06-15
By Sanford Nowlin, San Antonio Express-News Knight Ridder/Tribune Business News Jun. 15--As they sought to convince the Bush administration to let die controversial rules designed to promote local phone competition, SBC Communications Inc. and the regional Bell phone companies have given...
Who In Communications Is Giving What to Whom?
- 2004-05-12
As has often been said before, a picture is worth a thousand words. That old adage has never been more true than when applied to an explanation of who's giving and who's getting in the political spending arena. The chart on this page provides an overall glimpse at how...
SBC Communications to Webcast Presentation at JPMorgan Technology & Telecom Conference May 4
- 2004-04-26
Business Editors/High-Tech Writers JPMorgan Technology & Telecom Conference SAN ANTONIO--BUSINESS WIRE--April 26, 2004 SBC Communications Inc. (NYSE:SBC) will webcast a presentation by Forrest Miller, SBC Group President-Corporate Planning, during the 32nd Annual JPMorgan Technology & Telecom Conference in San Francisco on Tuesday, May 4, at 11:30 a.m....
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