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In 1992, BellSouth merged South Central Bell and BellSouth Services into Southern Bell, which changed its name to BellSouth Telecommunications. This created a single operating company in the BellSouth territory, and fully reunited Southern Bell and South Central Bell.
BellSouth was formed in 1983 as part of the court-ordered breakup of the American Telephone and Telegraph Company (AT&T), at that time the world's largest corporation. AT&T had built most of the U.S. phone system but was frequently accused of suppressing competition through unfair trade practices.
On Friday December 29, 2006, the Federal Communications Commission (FCC) approved the new AT&T's acquisition of a regional Bell Operating Company, BellSouth, valued at approximately $86 billion (or 1.325 shares of AT&T for each share of BellSouth at the close of trading December 29, 2006).
Mar 9, 2006 · This week's stunning announcement by AT&T that it had reached an agreement to acquire BellSouth for $67 billion is surely an affront to proponents of a strong antitrust policy for two reasons.
Jun 19, 2009 · In 2001 BellSouth Mobility morphed into Cingular Wireless under the direction of president and chief executive officer Stephen Carter, who was succeeded in late 2002 by Stan Sigman. In 1985 BellSouth was the first of its Regional Bell peers to deploy the then-new technology of fiber-optic cable.
Dec 30, 2006 · Dec. 30, 2006. Federal regulators approved AT&T’s $85.8 billion acquisition of BellSouth yesterday, allowing the companies to close their delayed deal. The approval came a day after the two...
Dec 30, 2006 · AT&T, the largest US telecommunications group, on Friday won Federal Communications Commission approval for its planned merger with BellSouth after offering new concessions designed to break a ...
