Pacific Northwest Bell Telephone Company
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Pacific Northwest Bell Telephone Company
Pacific Northwest Bell Telephone Company was an AT&T Corporation, AT&T majority-owned Bell System company that provided local telecommunications services in Oregon, Washington (state), Washington, and northern Idaho. Pacific Northwest Bell Telephone Company was formed on July 1, 1961 when it was spun off from the Pacific Bell, Pacific Telephone and Telegraph Company. On January 1, 1984, Pacific Northwest Bell was split from AT&T as ordered in the settlement of ''United States v. AT&T'' and became a subsidiary of the newly formed Regional Bell Operating Company US West, US WEST, Inc. Pacific Northwest Bell became defunct when US WEST consolidated its three main subsidiaries, forming US WEST Communications, Inc. on January 1, 1991. US WEST merged with Qwest, Qwest Communications International Inc. in 2000, and the US WEST brand was replaced by the Qwest brand. Qwest Communications merged with Louisiana-based CenturyLink in 2011, and the Qwest brand was replaced by the CenturyLink bra ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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