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American Telephone And Telegraph Company
AT&T Corporation, an abbreviation for its former name, the American Telephone and Telegraph Company, was an American telecommunications company that provided voice, video, data, and Internet telecommunications and professional services to businesses, consumers, and government agencies. During the Bell System's long history, AT&T was at times the world's largest telecommunications company, the world's largest cable television operator, and a regulated monopoly. At its peak in the 1950s and 1960s, it employed one million people and its revenue ranged between US$3 billion in 1950 ($ in present-day terms) and $12 billion in 1966 ($ in present-day terms). In 2005, AT&T was acquired by " Baby Bell" and former subsidiary SBC Communications for more than $16 billion ($ in present-day terms). SBC then changed its name to AT&T Inc., with AT&T Corporation continuing to exist as a long-distance calling subsidiary until its dissolution on May 1, 2024. History Origins ...
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550 Madison Avenue
550 Madison Avenue (also 550 Madison; formerly known as the Sony Tower, Sony Plaza, and AT&T Building) is a postmodern–style skyscraper on Madison Avenue between 55th and 56th Streets in the Midtown Manhattan neighborhood of New York City, New York, U.S. Designed by Philip Johnson and John Burgee with associate architect Simmons Architects, the building is a , 37-story office tower with a facade made of pink granite. It was completed in 1984 as the headquarters of AT&T Corp. and later became the American headquarters of Sony. A four-story granite annex to the west was demolished and replaced with a shorter annex in the early 2020s. A large entrance arch at the base of the building faces east toward Madison Avenue, flanked by arcades with smaller flat arches. A pedestrian atrium, running through the middle of the city block between 55th and 56th Streets, was also included in the design; a plaza was built in its place in the 2020s. The presence of the atrium enabled th ...
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Subsidiary
A subsidiary, subsidiary company, or daughter company is a company (law), company completely or partially owned or controlled by another company, called the parent company or holding company, which has legal and financial control over the subsidiary company. Unlike regional branches or divisions, subsidiaries are considered to be distinct entities from their parent companies; they are required to follow the laws of where they are incorporated, and they maintain their own executive leadership. Two or more subsidiaries primarily controlled by same entity/group are considered to be sister companies of each other. Subsidiaries are a common feature of modern business, and most multinational corporations organize their operations via the creation and purchase of subsidiary companies. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, and Citigroup, which have subsidiaries involved in many different Industry (e ...
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AT&T Long Lines
AT&T Inc., an abbreviation for its predecessor's former name, the American Telephone and Telegraph Company, is an American multinational telecommunications holding company headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world's List of telecommunications companies, third largest telecommunications company by revenue and the List of mobile network operators in the United States, third largest wireless carrier in the United States behind T-Mobile US, T-Mobile and Verizon. As of 2023, AT&T was ranked 32nd on the Fortune 500, ''Fortune'' 500 rankings of the largest United States corporations, with revenues of $122.4 billion. The modern company to bear the AT&T name began its history as the American District Telegraph Company, formed in St. Louis in 1878. After expanding services to Arkansas, Kansas, Oklahoma and Texas through a series of mergers, it became the Southwestern Bell Telephone Company in 1920. Southwestern Bell was a subsidiary of AT&T Corporation, ...
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SOSUS
Sound Surveillance System (SOSUS) was the original name for a submarine detection system based on passive sonar developed by the United States Navy to track Soviet Navy, Soviet submarines. The system's true nature was classified with the name and acronym SOSUS classified as well. The unclassified name ''Project Caesar'' was used to cover the installation of the system and a cover story developed regarding the shore stations, identified only as a Naval Facility (NAVFAC), being for oceanographic research. The name changed to Integrated Undersea Surveillance System (IUSS) in 1985, as the fixed bottom arrays were supplemented by the mobile Surveillance Towed Array Sensor System (SURTASS) and other new systems. The commands and personnel were covered by the "oceanographic" term until 1991 when the mission was declassified. As a result, the commands, Oceanographic System Atlantic and Oceanographic System Pacific became Undersea Surveillance Atlantic and Undersea Surveillance Pacific, a ...
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Kingsbury Commitment
The Kingsbury Commitment is a 1913 out-of-court settlement of the United States government's antitrust challenge against the American Telephone and Telegraph Company (AT&T) for the company's then-growing vertical monopoly in the telecommunications industry. In return for the government's agreement not to pursue legal action against the company as a monopolist, AT&T agreed to divest the controlling interest it had acquired in the Western Union Telegraph Company, and to allow non-competing independent telephone companies to Interconnection, interconnect with the AT&T long-distance network. History In 1907, Theodore N. Vail became president of AT&T for the second time. Immediately, he steered the company into a new direction, in terms of vision, company organization, and technology. He envisioned telephone service as a public utility, and the future of the American telephone industry as a unified system of companies under the lead of his company. This required technical standards un ...
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Competition Law
Competition law is the field of law that promotes or seeks to maintain market competition by regulating anti-competitive conduct by companies. Competition law is implemented through public and private enforcement. It is also known as antitrust law (or just antitrust), anti-monopoly law, and trade practices law; the act of pushing for antitrust measures or attacking monopolistic companies (known as trusts) is commonly known as trust busting. The history of competition law reaches back to the Roman Empire. The business practices of market traders, guilds and governments have always been subject to scrutiny, and sometimes severe sanctions. Since the 20th century, competition law has become global. The two largest and most influential systems of competition regulation are United States antitrust law and European Union competition law. National and regional competition authorities across the world have formed international support and enforcement networks. Modern competition law ...
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Western Union
The Western Union Company is an American multinational financial services corporation headquartered in Denver, Denver, Colorado. Founded in 1851 as the New York and Mississippi Valley Printing Telegraph Company in Rochester, New York, the company changed its name to the Western Union Telegraph Company in 1856 after merging with several other telegraph companies. It dominated the American telegraphy industry from the 1860s to the 1980s, pioneering technology such as telex and developing a range of telegraph-related services, including wire transfer, wire money transfer, in addition to its core business of transmitting and delivering telegram messages. After experiencing financial difficulties, it began to move its business away from communications in the 1980s and increasingly focused on its money-transfer services. It ceased its communications operations completely in 2006, at which time ''The New York Times'' described it as "the world's largest money-transfer business" and ...
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Cato Institute
The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. It was founded in 1977 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of Koch Industries.Koch Industries is the second largest privately held company by revenue in the United States. Cato was established to focus on public advocacy, media exposure, and societal influence. Cato advocates for a limited governmental role in domestic and foreign affairs and strong protection of civil liberties, including support for lowering or abolishing most taxes, opposition to the Federal Reserve system and the Affordable Care Act, the privatization of numerous government agencies and programs including Social Security and the United States Postal Service, demilitarization of the police, open borders and adhering to a non-interventionist foreign policy. According to the 2019 Global ''Go to Think Tank Index Report'' (revised June 2020, Thin ...
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WNBC (AM)
WFAN (660 AM) is a commercial radio station licensed to New York, New York, with a sports radio format, branded "Sports Radio 66 AM and 101.9 FM" or "The Fan". Owned by Audacy, Inc., the station serves the New York metropolitan area, while its 50,000-watt clear channel signal can be heard at night throughout much of the eastern United States and Canada. WFAN's studios are located in the Hudson Square neighborhood of lower Manhattan and its transmitter is located on High Island in the Bronx. The current WFAN, and its sports format, is the second New York City station with that call sign and programming. The original WFAN was launched on July 1, 1987, on , as the world's first radio station to adopt the sports radio format around-the-clock. The WFAN call letters and sports format were moved to the former WNBC at 660 kHz on October 7, 1988. WNBC's history dated to 1922, when it began operation as WEAF, licensed to Western Electric. Purchased by the Radio Corporation of America ...
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Massachusetts
Massachusetts ( ; ), officially the Commonwealth of Massachusetts, is a U.S. state, state in the New England region of the Northeastern United States. It borders the Atlantic Ocean and the Gulf of Maine to its east, Connecticut and Rhode Island to its south, New Hampshire and Vermont to its north, and New York (state), New York to its west. Massachusetts is the List of U.S. states and territories by area, sixth-smallest state by land area. With a 2024 U.S. Census Bureau-estimated population of 7,136,171, its highest estimated count ever, Massachusetts is the most populous state in New England, the List of U.S. states and territories by population, 16th-most-populous in the United States, and the List of states and territories of the United States by population density, third-most densely populated U.S. state, after New Jersey and Rhode Island. Massachusetts was a site of early British colonization of the Americas, English colonization. The Plymouth Colony was founded in 16 ...
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Chicago
Chicago is the List of municipalities in Illinois, most populous city in the U.S. state of Illinois and in the Midwestern United States. With a population of 2,746,388, as of the 2020 United States census, 2020 census, it is the List of United States cities by population, third-most populous city in the United States after New York City and Los Angeles. As the county seat, seat of Cook County, Illinois, Cook County, the List of the most populous counties in the United States, second-most populous county in the U.S., Chicago is the center of the Chicago metropolitan area, often colloquially called "Chicagoland" and home to 9.6 million residents. Located on the shore of Lake Michigan, Chicago was incorporated as a city in 1837 near a Chicago Portage, portage between the Great Lakes and the Mississippi River, Mississippi River watershed. It grew rapidly in the mid-19th century. In 1871, the Great Chicago Fire destroyed several square miles and left more than 100,000 homeless, but ...
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Alexander Graham Bell
Alexander Graham Bell (; born Alexander Bell; March 3, 1847 – August 2, 1922) was a Scottish-born Canadian Americans, Canadian-American inventor, scientist, and engineer who is credited with patenting the first practical telephone. He also co-founded the AT&T Corporation, American Telephone and Telegraph Company (AT&T) in 1885. Alexander Melville Bell, Bell's father, grandfather, and brother had all been associated with work on elocution and speech, and both his mother and wife were deaf, profoundly influencing Bell's life's work. His research on hearing and speech further led him to experiment with hearing devices, which eventually culminated in his being awarded the first United States patent law, U.S. patent for the telephone, on March 7, 1876. Bell considered his invention an intrusion on his real work as a scientist and refused to have a telephone in his study. Many other inventions marked Bell's later life, including ground-breaking work in Free-space optical commun ...
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