AT&T Inc. is an American multinational telecommunications conglomerate, headquartered at Whitacre Tower in downtown Dallas, Texas. AT&T is the world's largest telecommunications company.
AT&T provides wireless communications, local exchange, and long-distance services for consumers and businesses in the United States and internationally. AT&T is a telecommunications company that provides wireless communications, local exchange, and long-distance services.
AT&T began its history as Southwestern Bell Telephone Company, a subsidiary of the Bell Telephone Company, founded by Alexander Graham Bell in 1880. The Bell Telephone Company evolved into American Telephone and Telegraph Company in 1885, which later rebranded as AT&T Corporation.
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 brand; and Advertising and Analytics, since renamed Xandr.
AT&T is the largest multichannel video service provider in the US by total subscribers (25,172,000). As of 2018, AT&T is ranked #9 on the Fortune 500 rankings of the largest United States corporations by total revenue. AT&T Ranked #1 In Telecom Globally In FORTUNE's Most Admired Companies For Second Year In A Row since 2015.
AT&T has made over 30+ acquisitions over the years. Some of their acquisitions are listed below:
* AT&T acquired BellSouth for approximately $86 billion on Decc 29, 2006.
* On June 29, 2007 AT&T purchased Dobson Cellular, which provided services in the US under the name Cellular One in primarily rural areas. The closing price was $2.8B USD, or $13 per share. AT&T also agreed to assume the outstanding debt of $2.3B USD. The sale completed on November 15, 2007, with market transition beginning December 9, 2007.
*On July 12, 2013, AT&T announced it is agreeing to acquire Leap Wireless for $1.2 billion
* On May 18, 2014, AT&T bought DirecTV for $48.5 billion, or $67.1 billion including assumed debt.
*On June 12, 2018, AT&T acquired Time Warner for a mammoth $85 billion
* On June 25, 2018, AT&T bought AppNexus for a $1.6B deal.