Originally, AT&T is the abbreviation of American Telephone & Telegraph. It is fully deserve the name of the America's largest local and long distance telephone company.
AT & T, this American telecommunications company founded in 1877 and had long monopolized the U.S. long-distance and local telephone market. In the past 20 years, it has had many spin-off and restructuring. Now AT & T is the largest U.S. local and long distance telephone company, and its headquartered is in San Antonio, Texas.
American Telephone and Telegraph Company has eight main sectors: Bell Labs, Business Markets Group, Data Systems, General Marketing Group, Network Operations Group, the Network Systems Group, Technology Systems Group, Inc. International Group.
There are four main business of AT & T, they are:
Firstly: Provide telephone services for domestic and international. AT & T uses submarine cables and satellite communications to keep contact with 250 countries and regions. People in 147 countries and regions can directly dial telephone numbers.
Secondly: AT & T provides business machines, data products and consumer products.
Thirdly: Provides telecommunication network systems.
Fourthly: Provides various services and rental business.
In addition, AT & T also provides products and services for the government. The company attaches great importance to research and develop new products.
AT & T is formerly known by the telephone inventor Bell in 1877 to create the American Bell Telephone Company and its disintegration began in 1984. In the U.S. government's antitrust enforcement policy intervention, the company's local telephone business was split off, and then re-established seven subsidiaries, they are: Pacific Bell, Ameritech Corporation, Southwestern Bell, Bell company U.S. West, Bell Atlantic, BellSouth and the Nynex Corporation. Seven separate subsidiary companies, after a series of merger, up to now only three still maintains full independence.
In 1996, the American Telephone and Telegraph Company in turn communications equipment manufacturing and Bell Labs spun off and established Lucent Technologies Company, the computer manufacturing sector while also split into a separate company.
On October 25, 2000, AT & T announced within the next two years' plan-it would be divided into four restructuring. According to it's business, the establishment of four new companies are AT & T Business Services, AT & T Consumer Services, AT & T Wireless Services Inc. and operate cable television service and Internet access services, AT & T Broadband.
In July 2010, AT & T ranked No. 21 on the 'Forbes' magazine's top 500 enterprises the turnover due to the 123,018 million, and net profit of 12,535 million U.S. Dollars.
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