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Frontier Telephone Of Rochester
Frontier Telephone of Rochester, Inc., formerly Rochester Telephone Corporation, is a local telephone operating company of Frontier Communications providing telephone service to Rochester, New York. It was founded in 1920 to consolidate local phone operations in the Rochester area, and was notable as being an independent telephone company during the peak of the Bell System's near monopoly of phone service in the United States. The company changed its name to Frontier in 1994. It was acquired by Global Crossing in 1999, which then sold it to Citizens Communications in 2001. Citizens took the Frontier name in 2008, becoming Frontier Communications. History Background: Rochester Telephonic Exchange and Rochester Telephone Company (1877-1920) Rochester Telephone got its start late in the nineteenth century. Alexander Graham Bell invented the telephone in 1875, and the following year he patented it and exhibited his device to great acclaim at the Philadelphia Centennial Exhibitio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, 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 general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |