Att Net Worth is$126.723 Billion
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What is AT&Ts net worth? AT&Ts net worth is $126.723 billion. AT&T has had a rather strange life. The first version of AT&T, which was founded in 1885, was split into the seven Baby Bells, smaller corporations that controlled telecommunications in particular regions around the US, in 1983. The former AT&T, also known as the American Telephone and Telegraph Company, had virtually monopolized the phone market, and the U.S. Government ordered the company to break-up. The Southwestern Bell Corporation was one of the seven Baby Bells, and the Bell that received the majority of AT&Ts ownership rights. The company began to develop cellular and mobile communications, in addition to their landline service, and began buying up smaller companies that were related to telecommunications development and innovation. This continued until the early 2000s, at which point Southwestern Bell Corporation, now known as SBC Communications, Inc., was quite large. In 2002, SBC purchased their original parent company, AT&T, for $16 billion. It took almost a year for the merger to go through, at which point the company became known as AT&T again. They then bought up BellSouth, which was valued at $86 billion. Since then, the company has continued to grow, and has focused the majority of its development on new technology and mobile communications. AT&T is the largest landline provider in the US, and second in mobile provision. The company is headquartered in Dallas, Texas, and currently employs 256,420 people.
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Att Latest News

AT&T reportedly talks takeover with Time Warner

Executives for telecommunications giant AT&T and media conglomerate Time Warner have met in recent weeks for strategic talks that included discussion of a possible megamerger, according to a Bloomberg report Thursday. The talks are described as informal ...
Posted: October 20, 2016, 4:30 pm

AT&T discussed takeover in meetings with Time Warner - Bloomberg

Senior executives of AT&T Inc (T.N) and Time Warner Inc (TWX.N) have discussed various business strategies including a possible merger in recent weeks, Bloomberg reported, citing people familiar with the matter. Neither side has yet hired a financial ...
Posted: October 20, 2016, 1:02 am

AT&T Seeks to Shake Up Pay TV

After spending nearly $50 billion to acquire DirecTV, AT&T is preparing to roll out an internet video service that could upend that business along with the rest of the pay-TV industry. The Wall Street Journal's Thomas Gryta joins us in the studio.
Posted: October 20, 2016, 9:35 pm
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