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In 2005, SBC purchased its former parent AT&T Corp. and took on the latter's branding, history, and stock trading symbol, as well as a version of its iconic logo. The merged entity, naming itself AT&T Inc., launched on December 30, 2005.<ref>{{cite news |url= https://www.chicagotribune.com/news/ct-xpm-2005-11-19-0511190029-story.html |title= SBC wraps up acquisition of AT&T |newspaper= [[Chicago Tribune]] |date= November 19, 2005 |access-date= March 23, 2021 |quote= SBC will unveil a new AT&T logo Monday as it outlines plans for changing the name of the merged company...The combined company will adopt AT&T's stock symbol, T, on the New York Stock Exchange beginning Dec. 1. |archive-date= May 20, 2021 |archive-url= https://web.archive.org/web/20210520175139/https://www.chicagotribune.com/ |url-status= live }}</ref> The newly merged and renamed AT&T Inc. acquired [[BellSouth|BellSouth Corporation]] in 2006, the last independent Baby Bell, making the two companies' joint venture [[Cingular|Cingular Wireless]] (which had itself acquired [[AT&T Wireless]] in 2004) a wholly owned subsidiary of AT&T Inc. Cingular was then rebranded as [[AT&T Mobility]]. | In 2005, SBC purchased its former parent AT&T Corp. and took on the latter's branding, history, and stock trading symbol, as well as a version of its iconic logo. The merged entity, naming itself AT&T Inc., launched on December 30, 2005.<ref>{{cite news |url= https://www.chicagotribune.com/news/ct-xpm-2005-11-19-0511190029-story.html |title= SBC wraps up acquisition of AT&T |newspaper= [[Chicago Tribune]] |date= November 19, 2005 |access-date= March 23, 2021 |quote= SBC will unveil a new AT&T logo Monday as it outlines plans for changing the name of the merged company...The combined company will adopt AT&T's stock symbol, T, on the New York Stock Exchange beginning Dec. 1. |archive-date= May 20, 2021 |archive-url= https://web.archive.org/web/20210520175139/https://www.chicagotribune.com/ |url-status= live }}</ref> The newly merged and renamed AT&T Inc. acquired [[BellSouth|BellSouth Corporation]] in 2006, the last independent Baby Bell, making the two companies' joint venture [[Cingular|Cingular Wireless]] (which had itself acquired [[AT&T Wireless]] in 2004) a wholly owned subsidiary of AT&T Inc. Cingular was then rebranded as [[AT&T Mobility]]. | ||
AT&T Inc. also acquired [[Time Warner]] in 2016,<ref>{{Cite news|url=https://www.wsj.com/articles/at-t-is-in-advanced-talks-to-acquire-time-warner-1477061850|title=AT&T Is in Advanced Talks to Acquire Time Warner|last1=Hagey|first1=Keach|date=October 22, 2016|work= | AT&T Inc. also acquired [[Time Warner]] in 2016,<ref>{{Cite news|url=https://www.wsj.com/articles/at-t-is-in-advanced-talks-to-acquire-time-warner-1477061850|title=AT&T Is in Advanced Talks to Acquire Time Warner|last1=Hagey|first1=Keach|date=October 22, 2016|work=The Wall Street Journal|access-date=March 18, 2019|last2=Sharma|first2=Amol|language=en-US|issn=0099-9660|last3=Cimilluca|first3=Dana|last4=Gryta|first4=Thomas|archive-date=October 22, 2016|archive-url=https://web.archive.org/web/20161022013505/http://www.wsj.com/articles/at-t-is-in-advanced-talks-to-acquire-time-warner-1477061850|url-status=live}}</ref><ref>{{cite web |url=https://variety.com/2016/biz/news/att-time-warner-deal-1201897938/ |title=AT&T Sets $85.4 Billion Time Warner Deal, CEOs Talks 'Unique' Potential of Combination |last=Littleton |first=Cynthia |work=[[Variety (magazine)|Variety]] |date=October 22, 2016 |access-date=October 23, 2016 |archive-date=October 23, 2016 |archive-url=https://web.archive.org/web/20161023204133/http://variety.com/2016/biz/news/att-time-warner-deal-1201897938/ |url-status=live }}</ref> with the proposed merger confirmed on June 12, 2018<ref>{{Cite news |url=https://money.cnn.com/2018/06/12/media/att-time-warner-ruling/index.html |title=Judge approves $85 billion AT&T-Time Warner deal |last=Gold |first=Hadas |work=CNNMoney |access-date=June 12, 2018 |archive-date=July 11, 2018 |archive-url=https://web.archive.org/web/20180711204644/https://money.cnn.com/2018/06/12/media/att-time-warner-ruling/index.html |url-status=live }}</ref> and the aim of making AT&T Inc. the largest and controlling shareholder of Time Warner, which it then rebranded as WarnerMedia in 2018. The company later withdrew its equity stake in WarnerMedia in 2022 and merged it with [[Discovery, Inc.]] to create [[Warner Bros. Discovery]], divesting itself of its media arm. | ||
The current AT&T [[Breakup of the Bell System#Evolution of the Baby Bells|reconstitutes most of the former Bell System]], and includes four of the seven "Baby Bells" along with the original AT&T Corp., including the [[AT&T Communications|long-distance division]].<ref>{{cite news |url= https://money.cnn.com/2014/05/20/technology/att-merger-history/index.html |title= How AT&T got busted up and pieced back together |work= [[CNN Business|CNN Money]] |date= May 20, 2014 |access-date= March 23, 2021 |quote= The whirlwind began in 1997, when Southwestern Bell Corp. (SBC) merged with fellow Baby Bell Pacific Telesis. Two years later, SBC bought Ameritech, another Baby Bell. Then, the craziness really started when SBC bought Ma Bell -- its former parent company -- in 2005. The combined company renamed itself AT&T. A year later, the new AT&T bought BellSouth, yet another Baby Bell. The new AT&T also bought Cingular Wireless in 2006 -- a company jointly run by Baby Bells SBC and BellSouth that had bought the old AT&T Wireless in 2004. Cingular then changed its name to AT&T Mobility. Got all that? The merger history of these five Baby Bells is dizzying and better explained visually. |archive-date= March 12, 2017 |archive-url= https://web.archive.org/web/20170312095025/https://money.cnn.com/2014/05/20/technology/att-merger-history/index.html |url-status= live }}</ref> | The current AT&T [[Breakup of the Bell System#Evolution of the Baby Bells|reconstitutes most of the former Bell System]], and includes four of the seven "Baby Bells" along with the original AT&T Corp., including the [[AT&T Communications|long-distance division]].<ref>{{cite news |url= https://money.cnn.com/2014/05/20/technology/att-merger-history/index.html |title= How AT&T got busted up and pieced back together |work= [[CNN Business|CNN Money]] |date= May 20, 2014 |access-date= March 23, 2021 |quote= The whirlwind began in 1997, when Southwestern Bell Corp. (SBC) merged with fellow Baby Bell Pacific Telesis. Two years later, SBC bought Ameritech, another Baby Bell. Then, the craziness really started when SBC bought Ma Bell -- its former parent company -- in 2005. The combined company renamed itself AT&T. A year later, the new AT&T bought BellSouth, yet another Baby Bell. The new AT&T also bought Cingular Wireless in 2006 -- a company jointly run by Baby Bells SBC and BellSouth that had bought the old AT&T Wireless in 2004. Cingular then changed its name to AT&T Mobility. Got all that? The merger history of these five Baby Bells is dizzying and better explained visually. |archive-date= March 12, 2017 |archive-url= https://web.archive.org/web/20170312095025/https://money.cnn.com/2014/05/20/technology/att-merger-history/index.html |url-status= live }}</ref> | ||
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In 1982, U.S. [[Breakup of the Bell System|regulators broke up the AT&T monopoly]], requiring AT&T to divest its local subsidiaries, which it did by grouping them into seven individual companies.<ref>{{cite news |last= Pollack |first= Andrew |date= August 4, 1983 |url= https://www.nytimes.com/1983/08/04/business/at-t-us-agree-on-final-aspects-of-bell-breakup.html |title= A.T.& T., U.S. AGREE ON FINAL ASPECTS OF BELL BREAKUP |work= [[The New York Times]] |access-date= April 22, 2021 |quote= The local companies, grouped into seven regional holding companies, will provide local telephone service and can sell, but not manufacture, telephone equipment. |archive-date= April 23, 2021 |archive-url= https://web.archive.org/web/20210423035751/https://www.nytimes.com/1983/08/04/business/at-t-us-agree-on-final-aspects-of-bell-breakup.html |url-status= live }}</ref> These new companies were known as Regional Bell Operating Companies, or more informally, Baby Bells.<ref>{{Cite news |date=January 3, 2014 |title=Lessons from the AT&T break up, 30 years later-CICTP |language=en-US |work=Tech Policy Daily |url=http://www.techpolicydaily.com/communications/lessons-att-break-30-years-later/ |access-date=April 21, 2017 |archive-url=https://web.archive.org/web/20170422035122/http://www.techpolicydaily.com/communications/lessons-att-break-30-years-later/ |archive-date=April 22, 2017}}</ref> AT&T continued to operate long-distance services but faced increasing competition from competitors such as [[MCI Communications|MCI]] and [[Sprint Corporation|Sprint]].<ref>{{Cite book |url=https://books.google.com/books?id=ZMgb9jEvriUC&q=AT&pg=PA21 |title=Factors affecting U.S. trade and shipments of information technology products computer equipment, telecommunications equipment, and semiconductors |publisher=DIANE Publishing |isbn=978-1-4289-5190-7 |language=en |access-date=October 20, 2020 |archive-date=March 13, 2024 |archive-url=https://web.archive.org/web/20240313023400/https://books.google.com/books?id=ZMgb9jEvriUC&q=AT&pg=PA21#v=snippet&q=AT&f=false |url-status=live }}</ref> | In 1982, U.S. [[Breakup of the Bell System|regulators broke up the AT&T monopoly]], requiring AT&T to divest its local subsidiaries, which it did by grouping them into seven individual companies.<ref>{{cite news |last= Pollack |first= Andrew |date= August 4, 1983 |url= https://www.nytimes.com/1983/08/04/business/at-t-us-agree-on-final-aspects-of-bell-breakup.html |title= A.T.& T., U.S. AGREE ON FINAL ASPECTS OF BELL BREAKUP |work= [[The New York Times]] |access-date= April 22, 2021 |quote= The local companies, grouped into seven regional holding companies, will provide local telephone service and can sell, but not manufacture, telephone equipment. |archive-date= April 23, 2021 |archive-url= https://web.archive.org/web/20210423035751/https://www.nytimes.com/1983/08/04/business/at-t-us-agree-on-final-aspects-of-bell-breakup.html |url-status= live }}</ref> These new companies were known as Regional Bell Operating Companies, or more informally, Baby Bells.<ref>{{Cite news |date=January 3, 2014 |title=Lessons from the AT&T break up, 30 years later-CICTP |language=en-US |work=Tech Policy Daily |url=http://www.techpolicydaily.com/communications/lessons-att-break-30-years-later/ |access-date=April 21, 2017 |archive-url=https://web.archive.org/web/20170422035122/http://www.techpolicydaily.com/communications/lessons-att-break-30-years-later/ |archive-date=April 22, 2017}}</ref> AT&T continued to operate long-distance services but faced increasing competition from competitors such as [[MCI Communications|MCI]] and [[Sprint Corporation|Sprint]].<ref>{{Cite book |url=https://books.google.com/books?id=ZMgb9jEvriUC&q=AT&pg=PA21 |title=Factors affecting U.S. trade and shipments of information technology products computer equipment, telecommunications equipment, and semiconductors |publisher=DIANE Publishing |isbn=978-1-4289-5190-7 |language=en |access-date=October 20, 2020 |archive-date=March 13, 2024 |archive-url=https://web.archive.org/web/20240313023400/https://books.google.com/books?id=ZMgb9jEvriUC&q=AT&pg=PA21#v=snippet&q=AT&f=false |url-status=live }}</ref> | ||
Southwestern Bell Corporation (SBC) was one of the companies created by the breakup of AT&T Corp.<ref name=":3">{{Cite web |title=A brief history of AT&T - Jul. 9, 2001 |url=https://money.cnn.com/2001/07/09/deals/att_history/#:~:text=In%201899,%20AT&T%20bought%20Bell%27s,of%20$75%20for%20five%20minutes. |access-date=June 30, 2020 |website=money.cnn.com |archive-date=November 7, 2020 |archive-url=https://web.archive.org/web/20201107230504/https://money.cnn.com/2001/07/09/deals/att_history/#:~:text=In%201899,%20AT&T%20bought%20Bell%27s,of%20$75%20for%20five%20minutes. |url-status=live }}</ref> The company soon started a series of acquisitions, including the 1987 acquisition of [[Metromedia]] mobile business and the acquisition of several cable companies in the early 1990s.{{Citation needed|date=June 2020}} In the latter half of the 1990s, the company acquired several other telecommunications companies, including two Baby Bells ([[Pacific Telesis|Pacific Telesis Group]] and [[Ameritech|Ameritech Corporation]]),<ref>{{cite web |url= https://www.okhistory.org/publications/enc/entry.php?entry=TE004 |title= TELEPHONE INDUSTRY |website= [[Oklahoma Historical Society]] |access-date= April 22, 2021 |quote= After Congress de-regulated the telecommunications industry in February 1996, allowing regional companies to compete with long distance carriers, among other rule changes, SBC began to expand. In 1996 it merged with Pacific Telesis Group, and in 1998 the company bought the Ameritech Corporation. |archive-date= April 23, 2021 |archive-url= https://web.archive.org/web/20210423035751/https://www.okhistory.org/publications/enc/entry.php?entry=TE004 |url-status= live }}</ref> while selling its cable business. During this time, the company changed its name to SBC Communications Inc.<ref>{{Cite news |last=Roundup |first=An Interactive Journal News |date=June 24, 1998 |title=AT&T Agrees to Acquire TCI, Creating a Telecom Behemoth |language=en-US |work= | Southwestern Bell Corporation (SBC) was one of the companies created by the breakup of AT&T Corp.<ref name=":3">{{Cite web |title=A brief history of AT&T - Jul. 9, 2001 |url=https://money.cnn.com/2001/07/09/deals/att_history/#:~:text=In%201899,%20AT&T%20bought%20Bell%27s,of%20$75%20for%20five%20minutes. |access-date=June 30, 2020 |website=money.cnn.com |archive-date=November 7, 2020 |archive-url=https://web.archive.org/web/20201107230504/https://money.cnn.com/2001/07/09/deals/att_history/#:~:text=In%201899,%20AT&T%20bought%20Bell%27s,of%20$75%20for%20five%20minutes. |url-status=live }}</ref> The company soon started a series of acquisitions, including the 1987 acquisition of [[Metromedia]] mobile business and the acquisition of several cable companies in the early 1990s.{{Citation needed|date=June 2020}} In the latter half of the 1990s, the company acquired several other telecommunications companies, including two Baby Bells ([[Pacific Telesis|Pacific Telesis Group]] and [[Ameritech|Ameritech Corporation]]),<ref>{{cite web |url= https://www.okhistory.org/publications/enc/entry.php?entry=TE004 |title= TELEPHONE INDUSTRY |website= [[Oklahoma Historical Society]] |access-date= April 22, 2021 |quote= After Congress de-regulated the telecommunications industry in February 1996, allowing regional companies to compete with long distance carriers, among other rule changes, SBC began to expand. In 1996 it merged with Pacific Telesis Group, and in 1998 the company bought the Ameritech Corporation. |archive-date= April 23, 2021 |archive-url= https://web.archive.org/web/20210423035751/https://www.okhistory.org/publications/enc/entry.php?entry=TE004 |url-status= live }}</ref> while selling its cable business. During this time, the company changed its name to SBC Communications Inc.<ref>{{Cite news |last=Roundup |first=An Interactive Journal News |date=June 24, 1998 |title=AT&T Agrees to Acquire TCI, Creating a Telecom Behemoth |language=en-US |work=The Wall Street Journal |url=https://www.wsj.com/articles/SB898571162416331500 |access-date=June 30, 2020 |issn=0099-9660 |archive-date=July 3, 2020 |archive-url=https://web.archive.org/web/20200703050823/https://www.wsj.com/articles/SB898571162416331500 |url-status=live }}</ref> In early 1997 [[C. Michael Armstrong]] was named CEO, and Armstrong appointed [[John Zeglis]] as president later in that same year. By 1998, the company was in the top 15 of the Fortune 500, and by 1999, when Zeglis assumed the positions of chairman and CEO of [[At&t wireless|AT&T Wireless]], AT&T was part of the [[Dow Jones Industrial Average]] (lasting through 2015).<ref>{{cite web |url= http://www.dow-jones-djia.com/2007/05/26/november-1-1999-changes-to-dow-jones-industrial-average/ |title= NOVEMBER 1, 1999 Changes to Dow Jones Industrial Average |website= Dow Jones Industrial Stocks |access-date= April 22, 2021 |archive-date= April 23, 2021 |archive-url= https://web.archive.org/web/20210423035752/http://www.dow-jones-djia.com/2007/05/26/november-1-1999-changes-to-dow-jones-industrial-average/ |url-status= dead }}</ref><ref>{{cite news |last= Gaffen |first= David |date= March 6, 2015 |url= https://www.reuters.com/article/us-apple-dow/at-long-last-dow-gets-a-taste-for-apple-idUKKBN0M21H020150306 |title= At long last, Dow gets a taste for Apple |work= [[Reuters]] |access-date= April 22, 2021 |quote= Apple Inc AAPL.O, the largest U.S. company by market value, will join the Dow Jones industrial average .DJI, replacing AT&T Inc T.N, in a change that reflects the dominant position of the iPhone maker in the U.S. consumer economy. |archive-date= April 23, 2021 |archive-url= https://web.archive.org/web/20210423035749/https://www.reuters.com/article/us-apple-dow/at-long-last-dow-gets-a-taste-for-apple-idUKKBN0M21H020150306 |url-status= live }}</ref> Zeglis ended his service as president of AT&T in 2001 and resigned from his positions in AT&T Wireless in 2004. | ||
=== Purchase of former parent and acquisitions (2005–2013) === | === Purchase of former parent and acquisitions (2005–2013) === | ||
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In September 2013, AT&T announced it would expand into [[Latin America]] through a collaboration with [[América Móvil]].<ref>{{cite news |last= Carew |first = Sinead |date=September 18, 2013 |title = AT&T to expand in Latin America with America Movil deal |work=[[Reuters]] |url = https://www.reuters.com/article/us-att-americamovil-idUSBRE98H02Z20130918 |url-status=live |access-date=September 20, 2017 |archive-url=https://web.archive.org/web/20150924184845/http://www.reuters.com/article/2013/09/18/us-att-americamovil-idUSBRE98H02Z20130918 |archive-date=September 24, 2015}}</ref> In December 2013, AT&T announced plans to sell its Connecticut wireline operations to Stamford-based [[Frontier Communications]].<ref>{{cite web |author=AT&T |date=December 17, 2013 |title=AT&T Announces Plans to Sell Connecticut Wireline Operations to Frontier Communications for $2.0 Billion |website=AT&T |url = http://www.att.com/gen/press-room?pid=25160&cdvn=news&newsarticleid=37344 |url-status=live |access-date=December 18, 2013 |archive-url = https://web.archive.org/web/20131217224345/http://www.att.com/gen/press-room?pid=25160&cdvn=news&newsarticleid=37344 |archive-date=December 17, 2013}}</ref> | In September 2013, AT&T announced it would expand into [[Latin America]] through a collaboration with [[América Móvil]].<ref>{{cite news |last= Carew |first = Sinead |date=September 18, 2013 |title = AT&T to expand in Latin America with America Movil deal |work=[[Reuters]] |url = https://www.reuters.com/article/us-att-americamovil-idUSBRE98H02Z20130918 |url-status=live |access-date=September 20, 2017 |archive-url=https://web.archive.org/web/20150924184845/http://www.reuters.com/article/2013/09/18/us-att-americamovil-idUSBRE98H02Z20130918 |archive-date=September 24, 2015}}</ref> In December 2013, AT&T announced plans to sell its Connecticut wireline operations to Stamford-based [[Frontier Communications]].<ref>{{cite web |author=AT&T |date=December 17, 2013 |title=AT&T Announces Plans to Sell Connecticut Wireline Operations to Frontier Communications for $2.0 Billion |website=AT&T |url = http://www.att.com/gen/press-room?pid=25160&cdvn=news&newsarticleid=37344 |url-status=live |access-date=December 18, 2013 |archive-url = https://web.archive.org/web/20131217224345/http://www.att.com/gen/press-room?pid=25160&cdvn=news&newsarticleid=37344 |archive-date=December 17, 2013}}</ref> | ||
AT&T acquired [[BellSouth|BellSouth Corporation]] on December 29, 2006, following [[Federal Communications Commission|FCC]] approval.<ref>{{cite news |last= Bajaj |first= Vikas |date= December 30, 2006 |url= https://www.nytimes.com/2006/12/30/business/30tele.html |title= BellSouth and AT&T Close Deal |newspaper= [[The New York Times]] |access-date= April 22, 2021 |quote= Federal regulators approved AT&T's $85.8 billion acquisition of BellSouth yesterday, allowing the companies to close their delayed deal. |archive-date= April 23, 2021 |archive-url= https://web.archive.org/web/20210423035751/https://www.nytimes.com/2006/12/30/business/30tele.html |url-status= live }}</ref> The transaction consolidated ownership and management of Cingular Wireless.<ref>{{cite news |last= Vorman |first= Julie |date= January 21, 2007 |url= https://www.reuters.com/article/businesspro-bellsouth-fcc-dc/att-closes-86-billion-bellsouth-deal-idUSWBT00636120061230 |title= AT&T closes $86 billion BellSouth deal |work= [[Reuters]] |access-date= April 22, 2021 |quote= Now four of the seven companies that were spun off from the original AT&T in 1984 are back under one roof, and it includes 66.1 million telephone lines, 58.7 million Cingular Wireless customers and 11.6 million high-speed Internet customers. |archive-date= April 25, 2021 |archive-url= https://web.archive.org/web/20210425014719/https://www.reuters.com/article/businesspro-bellsouth-fcc-dc/att-closes-86-billion-bellsouth-deal-idUSWBT00636120061230 |url-status= live }}</ref> AT&T rebranded its wireless retail stores from Cingular to AT&T in January 2007.<ref>{{cite news |last= Searcey |first= Dionne |date= January 12, 2007 |url= https://www.wsj.com/articles/SB116855760238674492 |title= Bye, Cingular, in AT&T Rebranding |newspaper= | AT&T acquired [[BellSouth|BellSouth Corporation]] on December 29, 2006, following [[Federal Communications Commission|FCC]] approval.<ref>{{cite news |last= Bajaj |first= Vikas |date= December 30, 2006 |url= https://www.nytimes.com/2006/12/30/business/30tele.html |title= BellSouth and AT&T Close Deal |newspaper= [[The New York Times]] |access-date= April 22, 2021 |quote= Federal regulators approved AT&T's $85.8 billion acquisition of BellSouth yesterday, allowing the companies to close their delayed deal. |archive-date= April 23, 2021 |archive-url= https://web.archive.org/web/20210423035751/https://www.nytimes.com/2006/12/30/business/30tele.html |url-status= live }}</ref> The transaction consolidated ownership and management of Cingular Wireless.<ref>{{cite news |last= Vorman |first= Julie |date= January 21, 2007 |url= https://www.reuters.com/article/businesspro-bellsouth-fcc-dc/att-closes-86-billion-bellsouth-deal-idUSWBT00636120061230 |title= AT&T closes $86 billion BellSouth deal |work= [[Reuters]] |access-date= April 22, 2021 |quote= Now four of the seven companies that were spun off from the original AT&T in 1984 are back under one roof, and it includes 66.1 million telephone lines, 58.7 million Cingular Wireless customers and 11.6 million high-speed Internet customers. |archive-date= April 25, 2021 |archive-url= https://web.archive.org/web/20210425014719/https://www.reuters.com/article/businesspro-bellsouth-fcc-dc/att-closes-86-billion-bellsouth-deal-idUSWBT00636120061230 |url-status= live }}</ref> AT&T rebranded its wireless retail stores from Cingular to AT&T in January 2007.<ref>{{cite news |last= Searcey |first= Dionne |date= January 12, 2007 |url= https://www.wsj.com/articles/SB116855760238674492 |title= Bye, Cingular, in AT&T Rebranding |newspaper= The Wall Street Journal |access-date= April 22, 2021 |quote= But in the long term, Mr. Lerman said, AT&T will benefit from the efficiency of having its well-known name appear on all its services. AT&T executives wouldn't say how much the rebranding will cost as they change signs in roughly 2,000 stores as well as employee uniforms and billing letterhead. But executives estimate 20% of the expected operating-expense savings from the merger will come from advertising, because of the single AT&T brand. |archive-date= April 23, 2021 |archive-url= https://web.archive.org/web/20210423035751/https://www.wsj.com/articles/SB116855760238674492 |url-status= live }}</ref> | ||
=== Recent developments (2013–present) === | === Recent developments (2013–present) === | ||
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In July 2015, AT&T purchased [[DirecTV]] for $48.5 billion.<ref>{{Cite web |date=January 26, 2015 |title=AT&T Completes Acquisition of DirecTV |url=http://about.att.com/story/att_completes_acquisition_of_directv.html |url-status=live |archive-url=https://web.archive.org/web/20170129024321/http://about.att.com/story/att_completes_acquisition_of_directv.html |archive-date=January 29, 2017 |access-date=January 1, 2016 |website=[[Reuters]]}}</ref><ref>{{Cite web |date=July 24, 2015 |title=AT&T & DirecTV Merger Gets FCC Approval – With Conditions |url=https://deadline.com/2015/07/att-directv-merger-fcc-approval-1201484821/ |url-status=live |archive-url=https://web.archive.org/web/20150725013408/http://deadline.com/2015/07/att-directv-merger-fcc-approval-1201484821/ |archive-date=July 25, 2015 |access-date=July 24, 2015 |website=[[Deadline Hollywood|Deadline]]}}</ref><ref>{{Cite web |date=July 24, 2015 |title=FCC approves AT&T–DirecTV merger |url=https://www.theverge.com/2015/7/24/8876267/att-directv-merger-approved |url-status=live |archive-url=https://web.archive.org/web/20150724230531/http://www.theverge.com/2015/7/24/8876267/att-directv-merger-approved |archive-date=July 24, 2015 |access-date=July 24, 2015 |website=[[The Verge]]}}</ref> AT&T then announced plans to converge its existing U-verse home internet and IPTV brands with [[DirecTV]], to create [[AT&T Entertainment]].<ref>{{Cite web |last=Bode |first=Karl |date=December 2, 2015 |title=AT&T Plans on Killing the DirecTV Name Starting in January |url=http://www.dslreports.com/shownews/ATT-Plans-on-Killing-the-DirecTV-Name-Starting-in-January-135765 |url-status=live |archive-url=https://web.archive.org/web/20151208044449/http://www.dslreports.com/shownews/ATT-Plans-on-Killing-the-DirecTV-Name-Starting-in-January-135765 |archive-date=December 8, 2015 |access-date=December 2, 2015 |website=DSL Reports}}</ref><ref>{{Cite web |last=Farrell |first=Mike |date=December 2, 2015 |title=AT&T Enters Next Phase in DirecTV Branding |url=http://www.multichannel.com/news/distribution/att-enters-next-phase-directv-branding/395664 |url-status=live |archive-url=https://web.archive.org/web/20151204094054/http://www.multichannel.com/news/distribution/att-enters-next-phase-directv-branding/395664 |archive-date=December 4, 2015 |access-date=December 3, 2015 |website=MultiChannel News}}</ref><ref>{{Cite web |last=Littleton |first=Cynthia |date=April 26, 2016 |title=AT&T Sees DirecTV, Broadband Subscriber Gains in Q1 as U-verse Fades |url=https://variety.com/2016/tv/news/att-directv-u-verse-earnings-1201761111/ |url-status=live |archive-url=https://web.archive.org/web/20160427151417/http://variety.com/2016/tv/news/att-directv-u-verse-earnings-1201761111/ |archive-date=April 27, 2016 |access-date=April 28, 2016 |website=[[Variety (magazine)|Variety]]}}</ref> | In July 2015, AT&T purchased [[DirecTV]] for $48.5 billion.<ref>{{Cite web |date=January 26, 2015 |title=AT&T Completes Acquisition of DirecTV |url=http://about.att.com/story/att_completes_acquisition_of_directv.html |url-status=live |archive-url=https://web.archive.org/web/20170129024321/http://about.att.com/story/att_completes_acquisition_of_directv.html |archive-date=January 29, 2017 |access-date=January 1, 2016 |website=[[Reuters]]}}</ref><ref>{{Cite web |date=July 24, 2015 |title=AT&T & DirecTV Merger Gets FCC Approval – With Conditions |url=https://deadline.com/2015/07/att-directv-merger-fcc-approval-1201484821/ |url-status=live |archive-url=https://web.archive.org/web/20150725013408/http://deadline.com/2015/07/att-directv-merger-fcc-approval-1201484821/ |archive-date=July 25, 2015 |access-date=July 24, 2015 |website=[[Deadline Hollywood|Deadline]]}}</ref><ref>{{Cite web |date=July 24, 2015 |title=FCC approves AT&T–DirecTV merger |url=https://www.theverge.com/2015/7/24/8876267/att-directv-merger-approved |url-status=live |archive-url=https://web.archive.org/web/20150724230531/http://www.theverge.com/2015/7/24/8876267/att-directv-merger-approved |archive-date=July 24, 2015 |access-date=July 24, 2015 |website=[[The Verge]]}}</ref> AT&T then announced plans to converge its existing U-verse home internet and IPTV brands with [[DirecTV]], to create [[AT&T Entertainment]].<ref>{{Cite web |last=Bode |first=Karl |date=December 2, 2015 |title=AT&T Plans on Killing the DirecTV Name Starting in January |url=http://www.dslreports.com/shownews/ATT-Plans-on-Killing-the-DirecTV-Name-Starting-in-January-135765 |url-status=live |archive-url=https://web.archive.org/web/20151208044449/http://www.dslreports.com/shownews/ATT-Plans-on-Killing-the-DirecTV-Name-Starting-in-January-135765 |archive-date=December 8, 2015 |access-date=December 2, 2015 |website=DSL Reports}}</ref><ref>{{Cite web |last=Farrell |first=Mike |date=December 2, 2015 |title=AT&T Enters Next Phase in DirecTV Branding |url=http://www.multichannel.com/news/distribution/att-enters-next-phase-directv-branding/395664 |url-status=live |archive-url=https://web.archive.org/web/20151204094054/http://www.multichannel.com/news/distribution/att-enters-next-phase-directv-branding/395664 |archive-date=December 4, 2015 |access-date=December 3, 2015 |website=MultiChannel News}}</ref><ref>{{Cite web |last=Littleton |first=Cynthia |date=April 26, 2016 |title=AT&T Sees DirecTV, Broadband Subscriber Gains in Q1 as U-verse Fades |url=https://variety.com/2016/tv/news/att-directv-u-verse-earnings-1201761111/ |url-status=live |archive-url=https://web.archive.org/web/20160427151417/http://variety.com/2016/tv/news/att-directv-u-verse-earnings-1201761111/ |archive-date=April 27, 2016 |access-date=April 28, 2016 |website=[[Variety (magazine)|Variety]]}}</ref> | ||
On October 22, 2016, AT&T announced a deal to buy [[Time Warner]] for $108.7 billion in an effort to increase its media holdings.<ref name="discucssesideaholdings">{{Cite news |last1=Hammond |first1=Ed |last2=Sherman |first2=Alex |last3=Moritz |first3=Scott |date=October 20, 2016 |title=AT&T Discussed Idea of Takeover in Time Warner Meetings |url=https://www.bloomberg.com/news/articles/2016-10-20/at-t-said-to-discuss-idea-of-takeover-in-time-warner-meetings |url-status=live |archive-url=https://web.archive.org/web/20161021013535/http://www.bloomberg.com/news/articles/2016-10-20/at-t-said-to-discuss-idea-of-takeover-in-time-warner-meetings |archive-date=October 21, 2016 |access-date=October 20, 2016 |newspaper=[[Bloomberg News|Bloomberg]]}}</ref><ref name="asutotoincrease">{{Cite web |last=Yu |first=Robert |date=October 20, 2016 |title=Report: AT&T considering buying Time Warner |url=https://www.usatoday.com/story/money/2016/10/20/report-t-considering-buying-time-warner/92475270/ |url-status=live |archive-url=https://web.archive.org/web/20161024233649/http://www.usatoday.com/story/money/2016/10/20/report-t-considering-buying-time-warner/92475270/ |archive-date=October 24, 2016 |access-date=October 20, 2016 |website=[[USA Today]]}}</ref><ref name="advancedtalksa">{{Cite web |last1=Hagey |first1=Keach |last2=Sharma |first2=Amol |last3=Cimilluca |first3=Dana |date=October 21, 2016 |title=AT&T Is in Advanced Talks to Acquire Time Warner |url=https://www.wsj.com/articles/at-t-is-in-advanced-talks-to-acquire-time-warner-1477061850 |url-status=live |archive-url=https://web.archive.org/web/20161022013505/http://www.wsj.com/articles/at-t-is-in-advanced-talks-to-acquire-time-warner-1477061850 |archive-date=October 22, 2016 |access-date=October 21, 2016 |website= | On October 22, 2016, AT&T announced a deal to buy [[Time Warner]] for $108.7 billion in an effort to increase its media holdings.<ref name="discucssesideaholdings">{{Cite news |last1=Hammond |first1=Ed |last2=Sherman |first2=Alex |last3=Moritz |first3=Scott |date=October 20, 2016 |title=AT&T Discussed Idea of Takeover in Time Warner Meetings |url=https://www.bloomberg.com/news/articles/2016-10-20/at-t-said-to-discuss-idea-of-takeover-in-time-warner-meetings |url-status=live |archive-url=https://web.archive.org/web/20161021013535/http://www.bloomberg.com/news/articles/2016-10-20/at-t-said-to-discuss-idea-of-takeover-in-time-warner-meetings |archive-date=October 21, 2016 |access-date=October 20, 2016 |newspaper=[[Bloomberg News|Bloomberg]]}}</ref><ref name="asutotoincrease">{{Cite web |last=Yu |first=Robert |date=October 20, 2016 |title=Report: AT&T considering buying Time Warner |url=https://www.usatoday.com/story/money/2016/10/20/report-t-considering-buying-time-warner/92475270/ |url-status=live |archive-url=https://web.archive.org/web/20161024233649/http://www.usatoday.com/story/money/2016/10/20/report-t-considering-buying-time-warner/92475270/ |archive-date=October 24, 2016 |access-date=October 20, 2016 |website=[[USA Today]]}}</ref><ref name="advancedtalksa">{{Cite web |last1=Hagey |first1=Keach |last2=Sharma |first2=Amol |last3=Cimilluca |first3=Dana |date=October 21, 2016 |title=AT&T Is in Advanced Talks to Acquire Time Warner |url=https://www.wsj.com/articles/at-t-is-in-advanced-talks-to-acquire-time-warner-1477061850 |url-status=live |archive-url=https://web.archive.org/web/20161022013505/http://www.wsj.com/articles/at-t-is-in-advanced-talks-to-acquire-time-warner-1477061850 |archive-date=October 22, 2016 |access-date=October 21, 2016 |website=The Wall Street Journal}}</ref><ref>{{Cite web |last=Yu |first=Roger |date=October 22, 2016 |title=AT&T agrees to buy Time Warner for more than $80B |url=https://www.usatoday.com/story/money/2016/10/22/reports-t-agrees-buy-time-warner-more-than-80b/92589816/ |url-status=live |archive-url=https://web.archive.org/web/20161023013659/http://www.usatoday.com/story/money/2016/10/22/reports-t-agrees-buy-time-warner-more-than-80b/92589816/ |archive-date=October 23, 2016 |access-date=October 22, 2016 |website=[[USA Today]]}}</ref><ref>{{Cite web |last1=Gryta |first1=Thomas |last2=Hagey |first2=Keach |last3=Cimilluca |first3=Dana |date=October 22, 2016 |title=AT&T Reaches Deal to Buy Time Warner for $86 Billion |url=https://www.wsj.com/articles/at-t-reaches-deal-to-buy-time-warner-for-more-than-80-billion-1477157084 |url-access=subscription |url-status=live |archive-url=https://web.archive.org/web/20161023013659/http://www.wsj.com/articles/at-t-reaches-deal-to-buy-time-warner-for-more-than-80-billion-1477157084 |archive-date=October 23, 2016 |access-date=October 22, 2016 |website=The Wall Street Journal}}</ref><ref>{{Cite web |last=Littleton |first=Cynthia |date=October 22, 2016 |title=AT&T Sets $85.4 Billion Time Warner Deal, CEOs Talk 'Unique' Potential of Combination |url=https://variety.com/2016/biz/news/att-time-warner-deal-1201897938/ |url-status=live |archive-url=https://web.archive.org/web/20161023204133/http://variety.com/2016/biz/news/att-time-warner-deal-1201897938/ |archive-date=October 23, 2016 |access-date=October 23, 2016 |website=[[Variety (magazine)|Variety]]}}</ref> On November 20, 2017, Assistant Attorney General [[Makan Delrahim]] filed a lawsuit for the [[United States Department of Justice Antitrust Division]] to block the merger with Time Warner, saying it "will harm competition, result in higher bills for consumers and less innovation."<ref>{{Cite web |date=November 20, 2017 |title=Justice Department sues to block AT&T-Time Warner merger |url=https://www.cbsnews.com/news/att-time-warner-merger-justice-department-antitrust/ |url-status=live |archive-url=https://web.archive.org/web/20171120225324/https://www.cbsnews.com/news/att-time-warner-merger-justice-department-antitrust/ |archive-date=November 20, 2017 |access-date=November 20, 2017 |website=[[CBS News]]}}</ref><ref>{{Cite news |last=Fung |first=Brian |date=November 21, 2017 |title=The Justice Department is suing AT&T to block its $85 billion bid for Time Warner |url=https://www.washingtonpost.com/news/the-switch/wp/2017/11/20/the-justice-department-just-sued-att-to-block-its-85-billion-bid-for-time-warner/ |url-status=live |archive-url=https://web.archive.org/web/20171121061809/https://www.washingtonpost.com/news/the-switch/wp/2017/11/20/the-justice-department-just-sued-att-to-block-its-85-billion-bid-for-time-warner/ |archive-date=November 21, 2017 |access-date=November 21, 2017 |newspaper=[[The Washington Post]]}}</ref> On June 12, 2018, U.S. District Court Judge [[Richard J. Leon]] ruled that the merger could go forward.<ref>{{Cite web |last=Ivanova |first=Irina |date=June 12, 2018 |title=Judge approves AT&T-Time Warner merger without conditions |url=https://www.cbsnews.com/news/att-time-warner-merger-approved-without-conditions-judge-rules-today-time-warner-stock-price-rises-in-after-hours-trading/ |url-status=live |archive-url=https://web.archive.org/web/20180613041013/https://www.cbsnews.com/news/att-time-warner-merger-approved-without-conditions-judge-rules-today-time-warner-stock-price-rises-in-after-hours-trading/ |archive-date=June 13, 2018 |access-date=June 12, 2018 |website=[[CBS News]]}}</ref> The merger closed two days afterwards, with Time Warner becoming a wholly owned subsidiary of AT&T. A day later, the company was renamed WarnerMedia.<ref>{{Cite web |date=June 15, 2018 |title=AT&T Completes Acquisition of Time Warner Inc |url=http://about.att.com/story/att_completes_acquisition_of_time_warner_inc.html |url-status=live |archive-url=https://web.archive.org/web/20180615011751/http://about.att.com/story/att_completes_acquisition_of_time_warner_inc.html |archive-date=June 15, 2018 |access-date=June 15, 2018 |website=AT&T}}</ref><ref>{{Cite web |last=Chmielewski |first=Dawn C. |date=June 14, 2018 |title=AT&T Completes $85B Acquisition Of Time Warner |url=https://deadline.com/2018/06/att-completes-time-warner-acquisition-1202411103/ |access-date=August 14, 2020 |website=[[Deadline Hollywood|Deadline]] |language=en |archive-date=November 19, 2018 |archive-url=https://web.archive.org/web/20181119214347/https://deadline.com/2018/06/att-completes-time-warner-acquisition-1202411103/ |url-status=live }}</ref> | ||
Three months after completing the acquisition, AT&T reorganized into four main units: Communications, including consumer and business wireline telephony, AT&T Mobility, and consumer entertainment video services; WarnerMedia, including Turner cable television networks, [[Warner Bros.]] film and television production, and [[HBO]]; AT&T Latin America, consisting of wireless service in Mexico and video in Latin America and the Caribbean under the [[Vrio Corp.|Vrio]] brand; and Advertising and Analytics, since renamed [[Xandr]].<ref name="otp.tools.investis.com">{{Cite web |title=SEC-Show |url=https://otp.tools.investis.com/clients/us/atnt2/sec/sec-show.aspx?Type=html&FilingId=12972266&CIK=0000732717&Index=10000 |website=otp.tools.investis.com |access-date=September 21, 2018 |archive-date=February 24, 2021 |archive-url=https://web.archive.org/web/20210224022459/https://otp.tools.investis.com/clients/us/atnt2/sec/sec-show.aspx?Type=html&FilingId=12972266&CIK=0000732717&Index=10000 |url-status=live }}</ref><ref>{{Cite web |last=Betz |first=Brandy |date=September 21, 2018 |title=AT&T revises segment structure on Time Warner buy |url=https://seekingalpha.com/news/3392053-t-revises-segment-structure-time-warner-buy |website=Seeking Alpha |access-date=September 21, 2018 |archive-date=July 26, 2020 |archive-url=https://web.archive.org/web/20200726125732/https://seekingalpha.com/news/3392053-t-revises-segment-structure-time-warner-buy |url-status=live }}</ref> | Three months after completing the acquisition, AT&T reorganized into four main units: Communications, including consumer and business wireline telephony, AT&T Mobility, and consumer entertainment video services; WarnerMedia, including Turner cable television networks, [[Warner Bros.]] film and television production, and [[HBO]]; AT&T Latin America, consisting of wireless service in Mexico and video in Latin America and the Caribbean under the [[Vrio Corp.|Vrio]] brand; and Advertising and Analytics, since renamed [[Xandr]].<ref name="otp.tools.investis.com">{{Cite web |title=SEC-Show |url=https://otp.tools.investis.com/clients/us/atnt2/sec/sec-show.aspx?Type=html&FilingId=12972266&CIK=0000732717&Index=10000 |website=otp.tools.investis.com |access-date=September 21, 2018 |archive-date=February 24, 2021 |archive-url=https://web.archive.org/web/20210224022459/https://otp.tools.investis.com/clients/us/atnt2/sec/sec-show.aspx?Type=html&FilingId=12972266&CIK=0000732717&Index=10000 |url-status=live }}</ref><ref>{{Cite web |last=Betz |first=Brandy |date=September 21, 2018 |title=AT&T revises segment structure on Time Warner buy |url=https://seekingalpha.com/news/3392053-t-revises-segment-structure-time-warner-buy |website=Seeking Alpha |access-date=September 21, 2018 |archive-date=July 26, 2020 |archive-url=https://web.archive.org/web/20200726125732/https://seekingalpha.com/news/3392053-t-revises-segment-structure-time-warner-buy |url-status=live }}</ref> | ||
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On April 8, 2022, the spinoff of WarnerMedia and its subsequent merger with Discovery, Inc. to form [[Warner Bros. Discovery]] was completed.<ref>{{cite web|last=Koblin|first=John|date=April 8, 2022|title=Hollywood Gets a New Giant|url=https://www.nytimes.com/2022/04/08/business/media/discovery-warner-media.html|work=[[The New York Times]]|access-date=April 8, 2022|archive-date=October 13, 2023|archive-url=https://web.archive.org/web/20231013195439/https://www.nytimes.com/2022/04/08/business/media/discovery-warner-media.html|url-status=live}}</ref> As a result of this merger, HBO Max and other video services were dropped from AT&T's unlimited plan offering.<ref>{{Cite web |last=Shakir |first=Umar |date=2022-06-10 |title=New AT&T subscribers will no longer get HBO Max (or any other video service) |url=https://www.theverge.com/2022/6/10/23162832/att-drops-hbo-max-carrier-perk-unlimited-plan |access-date=2022-06-13 |website=[[The Verge]] |language=en |archive-date=June 13, 2022 |archive-url=https://web.archive.org/web/20220613194719/https://www.theverge.com/2022/6/10/23162832/att-drops-hbo-max-carrier-perk-unlimited-plan |url-status=live }}</ref> | On April 8, 2022, the spinoff of WarnerMedia and its subsequent merger with Discovery, Inc. to form [[Warner Bros. Discovery]] was completed.<ref>{{cite web|last=Koblin|first=John|date=April 8, 2022|title=Hollywood Gets a New Giant|url=https://www.nytimes.com/2022/04/08/business/media/discovery-warner-media.html|work=[[The New York Times]]|access-date=April 8, 2022|archive-date=October 13, 2023|archive-url=https://web.archive.org/web/20231013195439/https://www.nytimes.com/2022/04/08/business/media/discovery-warner-media.html|url-status=live}}</ref> As a result of this merger, HBO Max and other video services were dropped from AT&T's unlimited plan offering.<ref>{{Cite web |last=Shakir |first=Umar |date=2022-06-10 |title=New AT&T subscribers will no longer get HBO Max (or any other video service) |url=https://www.theverge.com/2022/6/10/23162832/att-drops-hbo-max-carrier-perk-unlimited-plan |access-date=2022-06-13 |website=[[The Verge]] |language=en |archive-date=June 13, 2022 |archive-url=https://web.archive.org/web/20220613194719/https://www.theverge.com/2022/6/10/23162832/att-drops-hbo-max-carrier-perk-unlimited-plan |url-status=live }}</ref> | ||
AT&T was one of several clients of [[Snowflake Inc.]] that had data stolen in a 2024 breach.<ref>{{cite news |last1=Gorrivan |first1=Charles |last2=Ford |first2=Brody |title=Toll of Snowflake Hack Widens With Theft of AT&T Text, Calling Data |url=https://www.bloomberg.com/news/articles/2024-07-12/at-t-hack-part-of-snowflake-customer-cyberattack-campaign |access-date=13 July 2024 |work=Bloomberg.com |date=12 July 2024 |language=en}}</ref> Phone and text logs from May 1, 2022 to October 31, 2022 of "nearly all" AT&T customers were exposed as part of the breach.<ref>{{cite news |last1=Sanders |first1=Hank |title=Are You an AT&T Customer? Here's What to Know About the Data Breach |url=https://www.nytimes.com/2024/07/12/us/phone-data-breach.html |access-date=13 July 2024 |work=The New York Times |date=12 July 2024}}</ref> AT&T was also reported to have been affected by a 2024 [[2024 U.S. internet service provider hack|attack]] from the [[Salt Typhoon]] [[advanced persistent threat]] linked to the [[Government of China|Chinese government]].<ref>{{Cite news |last=Krouse |first=Sarah |last2=Volz |first2=Dustin |last3=Viswanatha |first3=Aruna |last4=McMillan |first4=Robert |date=October 5, 2024 |title=U.S. Wiretap Systems Targeted in China-Linked Hack |url=https://www.wsj.com/tech/cybersecurity/u-s-wiretap-systems-targeted-in-china-linked-hack-327fc63b |url-access=subscription |access-date=October 5, 2024 |work= | AT&T was one of several clients of [[Snowflake Inc.]] that had data stolen in a 2024 breach.<ref>{{cite news |last1=Gorrivan |first1=Charles |last2=Ford |first2=Brody |title=Toll of Snowflake Hack Widens With Theft of AT&T Text, Calling Data |url=https://www.bloomberg.com/news/articles/2024-07-12/at-t-hack-part-of-snowflake-customer-cyberattack-campaign |access-date=13 July 2024 |work=Bloomberg.com |date=12 July 2024 |language=en}}</ref> Phone and text logs from May 1, 2022 to October 31, 2022 of "nearly all" AT&T customers were exposed as part of the breach.<ref>{{cite news |last1=Sanders |first1=Hank |title=Are You an AT&T Customer? Here's What to Know About the Data Breach |url=https://www.nytimes.com/2024/07/12/us/phone-data-breach.html |access-date=13 July 2024 |work=The New York Times |date=12 July 2024}}</ref> AT&T was also reported to have been affected by a 2024 [[2024 U.S. internet service provider hack|attack]] from the [[Salt Typhoon]] [[advanced persistent threat]] linked to the [[Government of China|Chinese government]].<ref>{{Cite news |last=Krouse |first=Sarah |last2=Volz |first2=Dustin |last3=Viswanatha |first3=Aruna |last4=McMillan |first4=Robert |date=October 5, 2024 |title=U.S. Wiretap Systems Targeted in China-Linked Hack |url=https://www.wsj.com/tech/cybersecurity/u-s-wiretap-systems-targeted-in-china-linked-hack-327fc63b |url-access=subscription |access-date=October 5, 2024 |work=The Wall Street Journal}}</ref> | ||
== Landline operating companies == | == Landline operating companies == |
edits