AT&T Inc. is an American telecommunication and media company. The company was founded on October 5, 1983, in Delaware, United States, by the Bell Telephone Company.
The company’s corporate headquarters are located in Dallas, Texas. The company trades on the New York Stock Exchange (NYSE) under the ticker ‘T’. The company first went public on July 19, 1984. AT&T operations are segmented into four fields:
- The communications segment offers telecommunication services to businesses and consumers within the United States or its territories.
- WarnerMedia unit develops, produces, and distributes films, television, gaming, and other content in physical and digital formats.
- Latin America unit offers entertainment and wireless services outside of the U.S.
- Xandr provides advertising services.
AT&T main competitors
Key AT&T milestones
On June 12, 2018, AT&T was permitted to go ahead with its $85 billion deal for Time Warner after previous concerns on the competition. Among other significant assets, the acquisition of WarnerMedia by AT&T included the Warner Bros. Pictures film and television studios, U.S. cable/satellite channels like HBO, WarnerMedia Studios & Networks Group.
In April 2019, AT&T became the first American to surpass the 2 gigabits per second speed. A month earlier, the service provider had exceeded the 1-gigabit speeds mark.
In 2015, Total Telecom – World Communication Awards named AT&T as the Best Global Operator based on capital investment, market acquisition, new services, and technology innovation. In the same year, AT&T ranked in the first position as the Brand Keys Top 100 Loyalty Leaders in the wireless phone service category.
AT&T Frequently Asked Questions
Does AT&T pay dividends?
Yes, AT&T pays dividends quarterly.
Has AT&T ever split its stock?
Throughout the company’s history, AT&T has split its stock twice. The first split took place on March 20, 1998.
Why was AT&T broken up?
In 1984, AT&T’s local telephone service was broken up into seven Baby Bells. The split offered consumers access to more choices and lower prices for long-distance service and phones.