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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sbc communications inc. and verizon communications inc. - 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
To: LEGAL AFFAIRS EDITORSTo: LEGAL AFFAIRS EDITORS
RBOC competition--for the first time.(Regional Bell Operating Companies)(AT&T Corp. acquiring SBC Communications Inc.)(Verizon Communications Inc. acquiring MCI Communications Corp.)
It's pretty clear now that both the SBC/AT & T and Verizon/MCI deals are going through. With the passing of these two IXCs, and the shift of Sprint more into wireless, we're seeing the end of the competitive regimen that has driven our industry ...
Verizon designs data 'gusher'.(Verizon Communications Inc.fiber-to-the-premise plans)(Column)
The last two translations examined theoretical maximums for downstream broadband speeds--first for cable, then for telcos. Because the telcos are taking radically different approaches, we examined SBC Communications Inc. first, which favors augment The last two translations examined theoretical maximums for downstream broadband...
FCC OKs SBC/AT&T, and Verizon/MCI mergers
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...
FCC allows SBC, Verizon mergers — with conditions
WASHINGTON -- Regulators agreed Monday to approve SBC Communications' takeover of AT&T and Verizon Communications' purchase of MCI -- deals that allow the nation's biggest phone companies to grow bigger -- but with conditions. By 4-0 votes, the Federal Communications Commission approved the multibillion-dollar mergers with conditions that...
Podcasting comes of age quickly
(This article originally appeared in the Idaho Business Review, Boise, ID, another Dolan Media publication.)It has been interesting to see how technologies leapfrog each other. Take the Web logging or blogging phenomenon as an example. By using blogging software or Web sites created for blogging, just about anyone can post...
Final federal agency may approve telecom mergers today
Two multibillion-dollar telecom mergers could clear their final federal hurdle today and be approved, with conditions, by the Federal Communications Commission. SBC Communications, which is buying AT&T, and Verizon, which is buying MCI, were close Sunday night to agreeing to concessions aimed at promoting competition and preventing the companies...
US FCC approves two huge telecom mergers
WASHINGTON AFP — The Federal Communications Commission approved SBC Communications' acquisition of AT and T Corp. and Verizon's purchase of MCI, increasing the size of the two largest US telecom groups. The FCC's four commissioners -- one seat is vacant -- voted just days after antitrust reviewers at the...
Verizon, SBC get OK from Department of Justice.(Late News)
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
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...


