AT&T is the largest provider in the US of fixed-line telephone services and pay TV services, and is the second largest provider in the US of mobile network services. ![]() It is ranked 12 in the Fortune 500 list, with an annual revenue of more than $132 billion for 2015.ĪT&T provides telecommunications services to the mass market as well as to large businesses. ![]() The Company is now among the largest companies in the US and the world. AT&T kept Bell Labs and telephone equipment manufacturer Western Electric, with other bodies being divided among the new regional entities.ĪT&T restructured its assets in 1995 and again in 2000. AT&T bought Bell's assets in 1899 and became the parent company of the entire Bell System.ĪT&T operated as a monopoly for a number of years, but in 1984, following the settlement of a civil antitrust suit against the Justice Department, the Company was divided into seven regional entities. ![]() AT&T itself was incorporated in 1885 as a subsidiary of Bell Company, founded with the task of building and operating the first long-distance telephone network. HistoryĪT&T has its roots in the Bell Company, a company founded by telephone inventor Alexander Graham Bell and his financial backers Gardiner Hubbard and Thomas Sanders in 1877. AT&T is a multinational telecommunications company that provides a full suite of mobile, wireless and fixed telecommunications solutions and paid-for television subscription packages, primarily to consumers in the US.
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