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.WebsiteAT&T Inc. Is an American headquartered at in,. It is the world's largest telecommunications company, the largest provider of services, and the largest provider of services in the United States through.
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Since June 14, 2018, it is also the parent company of mass media conglomerate, making it the world's largest media and entertainment company in terms of revenue. As of 2018, AT&T is ranked #9 on the rankings of the largest United States corporations by total revenue.AT&T began its history as, a subsidiary of the, founded by in 1877. The Bell Telephone Company became the American Telephone and Telegraph Company in 1885 and was later rebranded as. The 1982 lawsuit resulted in the of AT&T Corporation's ('Ma Bell') subsidiaries or (RBOCs), commonly referred to as 'Baby Bells', resulting in several independent companies, including Southwestern Bell Corporation; the latter changed its name to SBC Communications Inc. In 2005, SBC purchased its former parent AT&T Corporation and took on its branding, with the merged entity naming itself AT&T Inc. And using its iconic logo and stock-trading symbol. In 2006, AT&T Inc.
Acquired, the last independent Baby Bell company, making their formerly joint venture (which had acquired AT&T Wireless in 2004) wholly owned and rebranding it as.The current AT&T, and includes ten of the original 22 Bell Operating Companies along with the original. See also:, andAT&T traces its origins to the, founded by, and Thomas Sanders after Bell's patenting of the. One of that company's subsidiaries was the (AT&T), established in 1885, which acquired the Bell Company on December 31, 1899, for legal reasons, leaving AT&T as the main company.
AT&T established a network of subsidiaries in the United States and Canada that held a phone service, authorized by government authorities with the, throughout most of the twentieth century. This monopoly was known as the, and during this period, AT&T was also known by the nickname Ma Bell. For periods of time, the former AT&T was the world's largest phone company.Breakup and reformation (1982–2004).
See also: andIn 1982, U.S. Regulators, requiring AT&T to divest its regional subsidiaries and turning them each into individual companies. These new companies were known as, or more informally, Baby Bells. AT&T continued to operate long distance services, but as a result of this breakup, faced competition from new competitors such as and.Southwestern Bell was one of the companies created by the breakup of AT&T Corp. The architect of divestiture for Southwestern Bell was Robert G.
The company soon started a series of acquisitions. This includes the 1987 acquisition of mobile business and the acquisition of several cable companies in the early 1990s.
In the latter half of the 1990s, the company acquired several other telecommunications companies, including some Baby Bells, while selling its cable business. During this time, the company changed its name to SBC Communications.
By 1998, the company was in the top 15 of the, and by 1999 the company was part of the (lasting through 2015).Purchase of former parent and acquisitions (2005–2014). See also:, andIn 2005, SBC purchased AT&T for $16 billion.
After this purchase, SBC adopted the better-known AT&T name and brand, with the original AT&T Corp. Still existing as the long-distance landline subsidiary of the merged company. The current AT&T claims the original AT&T Corp.' S history (dating to 1885) as its own. However, it retains SBC's 1983-2005 corporate structure.
It also retains SBC's pre-2005 stock price history, and all regulatory filings prior to 2005 are for Southwestern Bell/SBC, not AT&T Corp.In September 2013, AT&T Inc. Announced it would expand into through a collaboration with. In December 2013, AT&T announced plans to sell its Connecticut wireline operations to Stamford-based. Recent developments (2014–present). See also:AT&T purchased the Mexican carrier in late 2014, and two months later purchased the Mexican wireless business of, merging the two companies to create.In July 2015, AT&T purchased for $48.5 billion, or $67.1 billion including assumed debt, subject to certain conditions. AT&T subsequently announced plans to converge its existing U-verse home internet and IPTV brands with DirecTV, to create AT&T Entertainment.On October 22, 2016, AT&T announced a deal to buy for $108.7 billion in an effort to increase its media holdings.AT&T also owns approximately a 2% stake in -domiciled entertainment company.On July 13, 2017, it was reported that AT&T would introduce a streaming service as part of its effort to create a unified platform across and its streaming service, with to be added soon.
In October 2018, it was announced that the service would launch in 2019. Named, the service's release date was pushed to 2020.On September 12, 2017, it was reported that AT&T planned to launch a new cable TV-like service for delivery over-the-top over its own or a competitor's broadband network sometime next year.On November 20, 2017, Assistant Attorney General filed a lawsuit for the to block the merger with Time Warner, saying it 'will harm competition, result in higher bills for consumers and less innovation.' In order for AT&T to fully acquire Time Warner, the Department of Justice stated that the company must divest either or.As of 2017, AT&T is the world's largest telecommunications company. AT&T is also the largest provider of services and the largest provider of services in the United States.On March 7, 2018, the company prepared to sell a minority stake of through an, creating a new for those assets named Vrio Corp. However, on April 18, just a day before the public debut of Vrio, AT&T canceled the IPO due to market conditions.On June 12, 2018, AT&T was given permission by U.S.
District Court Judge to go ahead with its $85 billion deal for Time Warner. The DOJ had attempted to stop the merger fearing it would harm competition. Number of employees273,000 (2016)AT&TWebsiteAT&T Latin America (formerly AT&T International, Inc.) is a wholly owned division of AT&T which operates in and 11 countries in and the.In 2017, AT&T announced a new AT&T International corporate division housing, and their stakes of and.In October 2016, AT&T announced a deal to acquire worth $85.4 billion (including assumed Time Warner debt). The proposed deal would give AT&T significant holdings in the media industry; AT&T's competitor had previously acquired in a similar bid to increase its media holdings, in concert with its ownership of television and internet providers.
If approved by federal regulators, the merger would bring Time Warner's properties under the same umbrella as AT&T's telecommunication holdings, including satellite provider.By the end of July, the company announced that, effective August 1, a new structure was created before the acquisition would close. On September 15, 2017, Reuters reported, citing anonymous sources, that AT&T, the owner of DIRECTV's U.S. And Latin American divisions, had hired an advisor to consider offering AT&T Latin America on the public stock market. In November 2017, the said it was moving to sue to block the AT&T-Time Warner merger. On November 20, 2017, the Department of Justice filed an antitrust lawsuit over the acquisition; stated that the deal would 'greatly harm American consumers'.
AT&T asserts that this suit is a 'radical and inexplicable departure from decades of antitrust precedent'. On December 22, 2017, the merger agreement deadline was extended to June 21, 2018.
On April 19, 2018, the IPO was cancelled. On June 12, 2018, the AT&T-Time Warner merger was approved by a federal judge. Two days later, AT&T completed the acquisition of Time Warner, and a day later the company was renamed WarnerMedia.On September 21, 2018, AT&T reclassified it four principal divisions which includes AT&T International which now have some assets moved out like the RSNs, an also merging Consumer Mobility, Technology and Business Mobility and renamed the company as AT&T Latin America.
This section needs expansion. You can help. ( November 2016)The company is headquartered at in Dallas, Texas.
On June 27, 2008, AT&T announced that it would move its corporate headquarters from downtown San Antonio to in downtown Dallas. The company said that it moved to gain better access to its customers and operations throughout the world, and to the key technology partners, suppliers, innovation and human resources needed as it continues to grow, domestically and internationally. Previously relocated its corporate headquarters to San Antonio from St. Louis, Missouri, in 1992, when it was then named Southwestern Bell Corporation.
The company's Telecom Operations group, which serves residential and regional business customers in 22 U.S. States, remains in San Antonio. Atlanta, Georgia, continues to be the headquarters for, with significant offices in Redmond, Washington, the former home of.
Bedminster, New Jersey, is the headquarters for the company's Global Business Services group and AT&T Labs, and is where the original AT&T Corp. Remains located. Louis continues as home to the company's Directory operations,.AT&T offers also services in many locations throughout the; its regional headquarters is located in Hong Kong. The company is also active in Mexico, and on November 7, 2014, it was announced that Mexican carrier would be acquired by AT&T. The acquisition was approved in January 2015. On April 30, 2015, AT&T acquired wireless operations Nextel Mexico from (now ). Corporate governance.
This section needs to be updated. Please update this article to reflect recent events or newly available information. ( June 2018)According to the, AT&T was the fourteenth-largest donor to United States federal political campaigns and committees from 1989 to 2019, having contributed more than US$84.1 million, 58% of which went to and 42% of which went to. As an example, in 2005, AT&T was among 53 entities that contributed the maximum of $250,000 to the second inauguration of President. Bill Leahy, representing AT&T, sits on the Private Enterprise Board of the (ALEC).
ALEC is a of and representatives that drafts and shares model state-level legislation for distribution among state governments in the United States.During the period of 1998 to 2019, the company expended US$380.1 million on in the United States. A key political issue for AT&T has been the question of which businesses win the right to profit by providing broadband internet access in the United States. The company has also lobbied in support of several federal bills. AT&T supported the, a bill that would make a number of changes to procedures that the (FCC) follows in its rulemaking processes. The FCC would have to act in a more transparent way as a result of this bill, forced to accept public input about regulations. AT&T's Executive Vice President of Federal Relations, said that the bill's 'much needed institutional reforms will help arm the agency with the tools to keep pace with the Internet speed of today's marketplace. It will also ensure that outmoded regulatory practices for today's competitive marketplace are properly placed in the dustbin of history.'
In May 2018, reports emerged that AT&T made 12 monthly payments between January and December 2017 to Essential Consultants, a company set up by President 's lawyer, totaling $600,000. Although initial reports on May 8 mentioned only four monthly payments totaling $200,000, documents obtained by the on May 10 confirmed the figure of 12 payments, which had begun three days after the President was. AT&T confirmed the report the same day. The report from the Washington Post, as well as additional reporting from, revealed the payments had been made for Cohen to 'provide guidance' relating to the attempted $85 billion merger with, to gain information on the Trump administration's planned tax reforms, as well as about potential changes to policies under the new FCC. However, Chairman of the FCC denied Cohen ever inquired about net neutrality on AT&T's behalf. A spokesperson for AT&T said that the company had been contacted by regarding the payments, and had provided all the information requested in November and December 2017.In early 2019, the Democratic requested records related to the AT&T-Time Warner merger from the.
Historical financial performance The financial performance of the company is reported to shareholders on an annual basis and a matter of public record. Where performance has been restated, the most recent statement of performance from an annual report is used. Year2016Revenues (billion USD)45.3842.8240.5040.7943.8663.0122.5124.8126.7127.4128.8132.4146.8163.8Net Income (billion USD)7.0085.6538.5055.8874.7687.8712.1219.093.9447.26418.256.33Assets (billion USD)96.4295.3145.6270.6275.6265.2268.3268.5270.3272.3277.8292.8402.7403.8Number of employees (thousands)193.4175.0168.0162.7190.0304.2309.1302.7282.7266.6256.4241.8243.4243.6281.5268.5Criticism and controversies Hemisphere database. Main article:The company maintains a database of of all telephone calls that have passed through its network since 1987.
AT&T employees work at offices (operated by the ) in, and so data can be quickly turned over to law enforcement agencies. Records are requested via administrative subpoena, without the involvement of a court or grand jury.Censorship In September 2007, AT&T changed its legal policy to state that 'AT&T may immediately terminate or suspend all or a portion of your Service, any Member ID, electronic mail address, IP address, Universal Resource Locator or domain name used by you, without notice for conduct that AT&T believes. (c) tends to damage the name or reputation of AT&T, or its parents, affiliates and subsidiaries.'
By October 10, 2007, AT&T had altered the terms and conditions for its Internet service to explicitly support freedom of expression by its subscribers, after an outcry claiming the company had given itself the right to censor its subscribers' transmissions. Section 5.1 of AT&T's new terms of service now reads 'AT&T respects freedom of expression and believes it is a foundation of our free society to express differing points of view. AT&T will not terminate, disconnect or suspend service because of the views you or we express on public policy matters, political issues or political campaigns.' Privacy controversy.
Further information:, andIn 2006, the lodged the lawsuit Hepting v. AT&T, which alleged that AT&T had allowed agents of the (NSA) to monitor phone and Internet communications of AT&T customers without warrants. If true, this would violate the of 1978 and the and of the. AT&T has yet to confirm or deny that monitoring by the NSA is occurring. In April 2006, retired former AT&T technician Mark Klein lodged an supporting this allegation.
The has stated it will intervene in this lawsuit by means of.In July 2006, the United States District Court for the Northern District of California – in which the suit was filed – rejected a federal government motion to dismiss the case. The motion to dismiss, which invoked the State Secrets Privilege, had argued that any court review of the alleged partnership between the federal government and AT&T would harm national security. The case was immediately appealed to the Ninth Circuit. It was dismissed on June 3, 2009, citing retroactive legislation in the Foreign Intelligence Surveillance Act.
In May 2006, reported that all international and domestic calling records had been handed over to the by AT&T, SBC, and for the purpose of creating a massive. The portions of the new AT&T that had been part of SBC Communications before November 18, 2005, were not mentioned.On June 21, 2006, the reported that AT&T had rewritten rules on its privacy policy.
The policy, which took effect June 23, 2006, says that 'AT&T – not customers – owns customers' confidential info and can use it 'to protect its legitimate business interests, safeguard others, or respond to legal process.' This article may be towards certain viewpoints. Please by adding information on neglected viewpoints, or discuss the issue on the. ( November 2016)In March 2012, the United States federal government announced a lawsuit against AT&T. The specific accusations state that AT&T 'violated the False Claims Act by facilitating and seeking federal payment for IP Relay calls by international callers who were ineligible for the service and sought to use it for fraudulent purposes.
The complaint alleges that, out of fears that fraudulent call volume would drop after the registration deadline, AT&T knowingly adopted a non-compliant registration system that did not verify whether the user was located within the United States. The complaint further contends that AT&T continued to employ this system even with the knowledge that it facilitated use of IP Relay by fraudulent foreign callers, which accounted for up to 95 percent of AT&T's call volume. The government's complaint alleges that AT&T improperly billed the TRS Fund for reimbursement of these calls and received millions of dollars in federal payments as a result.' Racism On April 28, 2015, AT&T announced that it had fired Aaron Slator, President of Content and Advertising Sales, for sending racist text messages. Slator was also hit with a $100 million discrimination lawsuit, filed by African-American employee Knoyme King. The day before that, protesters arrived at AT&T's headquarters in Dallas and its satellite offices in Los Angeles as well as at the home of CEO Randall Stephenson to protest alleged systemic racial policies. According to accounts, the protesters are demanding AT&T begin working with 100% black-owned media companies.
Trademark violation In June 2016, sued AT&T for,. The company had recently established a loyalty program under the brand AT&T Thanks, which Citigroup claims would cause consumer confusion as an infringement of its 'ThankYou' and 'Citi ThankYou' marks due to similar wording and visual design. Citi, which also provides a co-branded for AT&T that links with its ThankYou rewards program, sought unspecified damages and the expungement of AT&T's trademark registration.The suit was dismissed in August 2016, with a judge ruling that there was a low likelihood of confusion between the two marks because the companies fall within different industries, and that consumers who use loyalty programs would be able to 'clearly take into account the attributes associated with the products they purchase' and, thus, be able to distinguish them. Naming rights and sponsorships Buildings. In, Texas. –, Texas (formerly SBC Center). – (formerly BellSouth Park).
–, Illinois (public space that hosts the Cloud Gate sculpture in ). –, Texas (plaza in front of the at ). –, Texas. – (formerly Stadium).
AT&T Stadium - (outdoor open-seating stadium at the 's. – (formerly Clifford B. And Audrey Jones Stadium, Jones SBC Stadium). –, Texas (AT&T Oaks Course & AT&T Canyons Course)., AT&T Field -, ArkansasSponsorships. (golf). (formerly Mobil Cotton Bowl Classic, Southwestern Bell Cotton Bowl Classic, SBC Cotton Bowl Classic) – played in, at (football).
– Washington, D.C. (golf). (golf). –, Texas (formerly Red River Shootout, SBC Red River Rivalry) (football).
and the, including the and national teams and the from. (Corporate Champion)., artistic gymnastics competition. Sponsored by AT&T since 2011. (Formula 1 racing team), technical support and sponsorship, since 2011., sponsorship since March 2019.See also. January 16, 2019, at the.
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Verizon, on the other hand, keeps some information for up to a year that can be used to ascertain if a particular phone visited a particular Web site. According to the sheet, Sprint Nextel Corp.' S Virgin Mobile brand keeps the text content of text messages for three months. Verizon keeps it for three to five days. None of the other carriers keep texts at all, but they keep records of who texted who for more than a year. The document says AT&T keeps for five to seven years a record of who text messages who —and when, but not the content of the messages. Virgin Mobile only keeps that data for two to three months.
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Fitch, Adam (March 5, 2019). Esports Insider. From the original on March 26, 2019.
Retrieved March 26, 2019.External links Wikimedia Commons has media related to.Corporate information. Business data for AT&T.
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