| Legal Name: | AT&T Inc. |
| Headquarters Regions: | Dallas, Texas, United States |
| Founded Date: | 5 October 1983, Delaware, United States |
| Founders: | Bell Telephone Company |
| Number of Employees: | 250000+ |
| Company Type: | For-Profit |
| Area served: | The United States of America and world |
| Products of Company: | Multinational conglomerate holding company |
| Net Worth in 2023: | $250 billion |
AT&T is one of the world’s largest multinational companies which headquarter is located in Dallas, at the Whitacre Tower. The company also owns stocks of other companies and it’s now the biggest telecommunications company on earth.
Perhaps you know a thing or two about AT&T, however, how well do you know about this Company? For instance, how old is this company? How about their origin, investments, earnings? In another case, AT&T might be a stranger, fortunately for you, we have compiled all you need to know about AT&T’s wiki, today’s net worth as of 2023, inception, evolution, achievements, and more facts. Well, if your all set, here is what I know.
Table of Contents
Inception:
AT&T history and foundation started with the Bell Telephone Company which was founded by Gardiner Greene Hubbard. AT&T (American Telephone and Telegraph Company) was a subsidiary of the company and it was originally found by Alexander Graham Bell. During the early period, the company had a network system called the Bell System with AT&T the leader of the companies after Bell Telephone Company. The group of companies was also called Ma Bell during those times.
Evolution:
The Bell System was broken by the regulators of the United States resulting in the Regional Bell Operating Company, or Baby Bells as some called it. During that period with the breakup, other telecommunications companies came up and launched competing AT&T including Sprint Corporation and MCI Communications.
In the 1980s and 1990s, the company made various acquisitions including Metromedia along with other cable firms. They also focused on acquiring other telecommunication companies including ones that were a part of the Bells. After the breakup of AT&T Corp, Southwestern Bell Corporation was created along with other companies. In 1995, the company’s name was changed to SBC Communications.
SBC Communications purchased AT&T in 2005 and then adopted its name because its name is quite bigger in the market and better for branding.
Achievements:
AT&T Inc said that it would expand into Latin American countries in 2013 by collaborating with the Mexican telecommunications corporation América Móvil. In 2014, the company bought the Mexican mobile telephone operator, Duracell, which is now known as AT&T Wireless Mexico. They also purchased NII Holdings and merged the 2 companies in Mexico to creating AT&T Mexico.
AT&T has expanded its market to the max. In 2015, the company purchased the American direct broadcast satellite, DirecTV, and they said that they were planning for AT&T Entertainment during that period. Expanding more, AT&T purchased the multinational mass media and entertainment conglomerate WarnerMedia in 2015. They also own some of the American entertainment companies, Lionsgate.
AT&T and all of its companies have been receiving great awards for a while. The most recent award the company received was being named as One of the 2018 FORTUNE 100 Best Companies to Work For.
AT&T Net Worth in 2023
As of 2023, The American multinational conglomerate company AT&T has an estimated net worth of somewhere more than $250 billion. The company made its wealth of hundreds of billions from the services and products it provides through its companies. AT&T revenue reaches over $100 billion annually.
AT&T is recognized and known as one of the world’s largest and biggest companies. Its services and products range from mobile, TV to the media and even to video games. AT&T is a global company that will always receive awards for its achievements.