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AT&T transformed its business operations from being a long distance service provider to an integrated voice and data communications company after President [[Bill Clinton]] signed '''Telecommunications Act of 1996'''. The new law open the doors for competition among companies providing both local and long distance communications. In 1999, AT&T again entered the local market by offering  "AT&T Local One Rate" in New York. Prior to AT&T's acquisition of [[Media One]], the largest cable company in the United States in 2000, the company also merged with the cable company [[TCI]]. During the fourth quarter of 2000, the company re-organized into three separate publicly held companies: AT&T Wireless, AT&T Broadband and AT&T.<ref>[http://www.corp.att.com/history/milestones.html Milestones in AT&T History]</ref>
 
AT&T transformed its business operations from being a long distance service provider to an integrated voice and data communications company after President [[Bill Clinton]] signed '''Telecommunications Act of 1996'''. The new law open the doors for competition among companies providing both local and long distance communications. In 1999, AT&T again entered the local market by offering  "AT&T Local One Rate" in New York. Prior to AT&T's acquisition of [[Media One]], the largest cable company in the United States in 2000, the company also merged with the cable company [[TCI]]. During the fourth quarter of 2000, the company re-organized into three separate publicly held companies: AT&T Wireless, AT&T Broadband and AT&T.<ref>[http://www.corp.att.com/history/milestones.html Milestones in AT&T History]</ref>
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In 2005, [[SBC Communications Inc.]] acquired AT&T for $16 billion and decided to adopt AT&T as the name of the company. <ref>[http://www.corp.att.com/news/2005/01/31-1 SBC to Acquire AT&T]</ref> <ref>[http://www.att.com/gen/press-room?pid=7368 SBC Communications to Adopt AT&T Name]</ref>
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In 2005, [[SBC Communications Inc.]] acquired AT&T for $16 billion and decided to adopt AT&T as the name of the company. The two companies combined their capabilities in providing consumers with innovative and high quality wireless communications and broadband experience  integrated with  voice, data and video services. The new AT&T is geared to become globally competitive in the 21st century. <ref>[http://www.corp.att.com/news/2005/01/31-1 SBC to Acquire AT&T]</ref> <ref>[http://www.att.com/gen/press-room?pid=7368 SBC Communications to Adopt AT&T Name]</ref>
    
==References==
 
==References==
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