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 u.s. department of justice - All News and Analysis
Justice Department Statement on District Court's Decision in Tunney Act Review of Proposed Settlements in U.S. v. SBC Communications and U.S. v. Verizon Communications
- 2007-03-30
To: LEGAL AFFAIRS EDITORSTo: LEGAL AFFAIRS EDITORS
Verizon, SBC get OK from Department of Justice.(Late News)
- 2005-10-31
The Department of Justice approved Verizon Communications Inc.'s plans to acquire MCI Inc. and SBC Communications Inc.'s plans to buy AT&T Inc. The Federal Communications Commission was scheduled to vote late Friday on the Verizon-MCI dea The Department...
Justice Department clears 2 telecom mergers
- 2005-10-28
WASHINGTON -- The nation's two biggest local phone companies received approval Thursday from antitrust regulators to buy the two largest long-distance carriers in multibillion-dollar mergers that would change the landscape of the telecommunications industry. The Justice Department cleared the mergers of SBC Communications Inc. with AT&T and of...
SBC/AT&T merger receives clearance from U.S. Department of Justice; Combined company to divest certain assets; Decision underscores competitive realities of marketplace.
- 2005-10-28
M2 PRESSWIRE-28 October 2005-AT&T: SBC/AT&T merger receives clearance from U.S. Department of Justice; Combined company to divest certain assets; Decision underscores competitive realities of marketplaceC1994-2005 M2 COMMUNICATIONS LTD RDATE:28102005 SAN ANTONIO, Texas, and BEDMINSTER, N.J. - SBC Communications Inc. (NYSE:...
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....
Justice Department Requires Divestitures in Verizon's Acquisition of MCI and SBC's Acquisition of AT&T
- 2005-10-27
WASHINGTON, Oct. 27 /U.S. Newswire/ -- The Department of Justice announced today that it will require Verizon Communications Inc. and SBC Communications Inc. to divest portions of certain local fiber- optic network facilities in order to proceed with theiWASHINGTON, Oct. 27 /U.S. Newswire/ -- The Department of Justice announced today...
DOJ Requires Divestitures in Verizon's Acquisition of MCI and SBC's Acquisition of AT&T
- 2005-10-27
WASHINGTON, Oct. 27 /U.S. Newswire/ -- The Department of Justice announced today that it will require Verizon Communications Inc. and SBC Communications Inc. to divest portions of certain local fiber- optic network facilities in order to proceed with theiWASHINGTON, Oct. 27 /U.S. Newswire/ -- The Department of Justice announced today...
Bells back DOJ's 'Brand X' appeal.(Department Of Justice)
- 2004-09-27
WASHINGTON -- The Baby Bells are supporting the Justice Department effort to overturn a court ruling that could require cable to open its high-speed data lines to competing Internet-service providers. BellSouth Corp., SBC Communications Inc., WASHINGTON -- The...
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:...
More Static on SBC Bid for Midwest Long-Distance.
- 2003-07-17
By Jon Van, Chicago Tribune Knight Ridder/Tribune Business News Jul. 17--Efforts by SBC Communications Inc. to enter the long-distance market in the Midwest hit another snag Wednesday as the Justice Department again ...uestioned whether the company is in full compliance with federal...
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