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→The New AT&T
==The New AT&T==
==The New AT&T==
A re-organized AT&T was born after the divestiture. The company retains its long distance telephone service, manufacturing, research and development operations. The company also retained $34 billion in assets out of $ 149.5 billion and 373,000 employees out more than 1 million employees. The company also adopted a new logo, the stylized globe with "AT&T" monogram. <ref>[http://www.corp.att.com/history/history4.html A Brief History: Post Divestiture]</ref>
A re-organized AT&T was born after the divestiture. The company retains its long distance telephone service, manufacturing, research and development operations. The company also retained $34 billion in assets out of $ 149.5 billion, 373,000 employees out more than 1 million employees and minority shares in Cincinnati Bell and Southern New England Telephone
and Telegraph Company. The company also adopted a new logo, the stylized globe with "AT&T" monogram. The company's long distance business underwent a strong competition but remains financially stable. In 1984, AT&T serves an average of 37.5 million calls per day and by 1999 it increased up to 270 million calls.In 1991, AT&T acquired [[NCR Corporation]], computer manufacturer for $7.3 billion and subsequently purchased Mc Caw Cellular in 1994 for $11.5 million. The company was renamed AT&T Wireless. AT&T Network Systems, the company's manufacturing emerged as a strong competitor and succeeded in positioning AT&T back to global business by establishing join ventures and factories in other countries such as China, Japan and Netherlands.<ref>[http://www.corp.att.com/history/history4.html A Brief History: Post Divestiture]</ref>
In 1995, AT&T restructured itself into three publicly traded companies. AT&T remained as communication company, Lucent Technologies,as systems and equipment company which became officially independent on September 30, 1996 while NCR, a computer company became also independent on January 1, 1997.<ref>[http://www.corp.att.com/history/history5.html A Brief History: The New AT&T]</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>
In 2005, SBC Communications Inc.acquired AT&T for $16 billion.<ref>[http://www.corp.att.com/news/2005/01/31-1 SBC to Acquire AT&T]</ref>
==References==
==References==