AT&T Corporation, originally the American Telephone and Telegraph Company, is the subsidiary of AT&T Inc. that provides voice, video, data, and Internet telecommunications and professional services to businesses, consumers, and government agencies.
During the Bell System's long history, AT&T was at times the world's largest telephone company, the world's largest cable television operator, and a regulated monopoly. At its peak in the 1950s and 1960s, it employed one million people and its revenue ranged between US$3 billion in 1950 ($35.1 billion in present-day terms) and $12 billion in 1966 ($99.1 billion in present-day terms).
In 2005, AT&T was purchased by Baby Bell and former subsidiary SBC Communications for more than $16 billion ($21.2 billion in present-day terms). SBC then changed its name to AT&T Inc. Today, AT&T Corporation continues to exist as the long distance subsidiary of AT&T Inc., and its name occasionally shows up in AT&T press releases.
1885Mar, 3
The American Telephone & Telegraph Company is incorporated in New York.
Choose Another Date
Events on 1885
- 24Apr
Buffalo Bill's Wild West
American sharpshooter Annie Oakley is hired by Nate Salsbury to be a part of Buffalo Bill's Wild West. - 2May
Léopold II of Belgium
The Congo Free State is established by King Léopold II of Belgium. - 3Jun
Big Bear
In the last military engagement fought on Canadian soil, the Cree leader, Big Bear, escapes the North-West Mounted Police. - 6Jul
Rabies
Louis Pasteur successfully tests his vaccine against rabies on Joseph Meister, a boy who was bitten by a rabid dog. - 29Aug
Internal combustion
Gottlieb Daimler patents the world's first internal combustion motorcycle, the Reitwagen.