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The breakup of the Bell System resulted in the creation of seven independent companies that were formed from the original twenty-two AT&T-controlled members of the System. [ 5] On January 1, 1984, these companies were NYNEX, Pacific Telesis, Ameritech, Bell Atlantic, Southwestern Bell Corporation, BellSouth, and US West. NYNEX, merged with Bell ...
July 25, 2024 at 7:30 AM. Shares of Verizon Communications (NYSE: VZ) were falling after the wireless company reported mixed second-quarter earnings results. Its stock remains up more than 20% ...
July 27, 2024 at 11:30 AM. Talk about a bad case of the Mondays. The stock of seemingly mighty telecom-sector incumbent Verizon Communications (NYSE: VZ) took quite the drubbing as this trading ...
GTE.com. GTE Corporation, formerly General Telephone & Electronics Corporation (1955–1982), [ 1] was the largest independent telephone company in the United States during the days of the Bell System. The company operated from 1926, with roots tracing further back than that, until 2000, when it was acquired by Bell Atlantic; the combined ...
A Regional Bell Operating Company ( RBOC) was a corporate entity created as result of the antitrust lawsuit by the U.S. Department of Justice against the American Telephone and Telegraph Company (AT&T) in 1974 ( United States v. AT&T) and settled in the Modification of Final Judgment on January 8, 1982. AT&T agreed to divest its local exchange ...
The Stock Advisor service has more than quadrupled the return of S&P 500 since 2002*. See the 10 stocks » *Stock Advisor returns as of July 22, 2024. Timothy Green has positions in AT&T. The ...
BellSouth, LLC (stylized as BELLSOUTH and formerly known as BellSouth Corporation) was an American telecommunications holding company based in Atlanta, Georgia.BellSouth was one of the seven original Regional Bell Operating Companies after the U.S. Department of Justice forced the American Telephone & Telegraph Company to divest itself of its regional telephone companies on January 1, 1984.
Up 34% in a Year, Verizon Stock Is Just Getting Started. Travis Hoium, The Motley Fool. July 18, 2024 at 6:30 AM. A year ago, Verizon (NYSE: VZ) was an unloved telecommunications company with high ...