AT&T

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AT&T

One of the largest providers of landline telephones, mobile phone service, Internet, and cable in the United States. It traces its origins to the Bell Telephone Company, established by Alexander Graham Bell in 1875. By the second decade of the 20th century, it was approaching near monopoly status over the telephone industry. In 1913, it agreed to acquire no more competitors without the approval of the Interstate Commerce Commission. In 1982, it was ruled that AT&T was engaging in anti-competitive activities, and the company was forced to divest itself of many of its assets. In 2005, the company was acquired by one of its former subsidiaries, which took the name AT&T. It presently controls much of what it originally did before the monopoly settlement. See also: Baby Bell.
References in periodicals archive ?
How was Lucent, with over $20 billion in sales in 1995 as a division of AT&T, able to almost double its size by achieving a compound growth rate of over 17 percent per year from 1995 to 1999?
As part of this project Lucent will replace Manx Telecom's existing broadband and GSM core network infrastructures whilst augmenting its 3G UMTS network.
As the network integrator, Lucent Worldwide Services is providing end-to-end multivendor network integration services, including network and security design, installation and engineering, and program management.
Lucent and Novatel Wireless are the world's leading providers of 3G UMTS (WCDMA) wireless PC Card modems to support mobile high-speed data services.
The cards supplied by Lucent and Novatel Wireless provide the ideal complementary device to provide PC data mobility," Gallagher said.
"The commercial launch of this 3G network can help Verizon Wireless attract new customers through innovative high-speed data services, while also providing significant benefits to their existing subscribers," said Victor Agnellini, vice president of mobility sales, Lucent Technologies Latin America.
She added that the contract was the result of BT renegotiating its terms with the troubled Lucent.
Lucent manufacturing employees at the two facilities will remain with Lucent during a transition period.
Alcatel shares have fallen more than 14 per cent since merger talks to create what would have been the world's top telecoms equipment group began almost two weeks ago, as investors fretted over the longer-term risks of a deal with debt-laden Lucent.
She still likes Lucent, in spite of a dramatic drop in its price since January.
"Our customers have long been clamoring for a true end-to-end 10-gigabit networking solution, and they haven't been able to get one - until now," said Harry Bosco, group president of Lucent's Optical Networking Group.
Trailblazer, a project from Lucent Technologies, gives students at the University of Maryland (UMD) the opportunity to learn from business leaders and gain the experience and skills necessary to be successful in the technological marketplace.