Bell System
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They included the Bell Telephone Manufacturing Company (BTM) of Antwerp, Belgium, which manufactured rotary system switching-equipment, and the British International Western Electric, which was renamed Standard Telephones and Cables (STC). Compagnie Générale d'Electricité later purchased BTM; Nortel later purchased STC.
The company had a small beginning as the Puerto Rico Telephone Company but grew quickly through strategic acquisitions and the purchase of telephony patents. The result was the creation of a major international provider of telephone switching equipment and telecommunications services.
In 1899, American Telephone & Telegraph (AT&T) acquired the assets of its parent, the American Bell Telephone Company. American Bell had created AT&T to provide long-distance calls between New York and Chicago and beyond.
Behn founded the company in 1920 with the intention of creating an international telephone system modeled after American Telephone and Telegraph. Geneen later took over the corporation and, believing that diversity facilitated growth, molded ITT into one of the world's largest conglomerates.
The Bell Telephone Company was the initial corporate entity from which the Bell System originated to build a continental conglomerate and monopoly in telecommunication services in the United States and Canada. Alexander Graham Bell's father-in-law Gardiner Greene Hubbard also helped organize the New England Telephone and Telegraph Company.
The International Telephone and Telegraph Company (ITT) began operations in 1920 as a New York-based holding company. Its founder was the Danish-Frenchman Sosthenes Behn, whose first two acquisitions were indicative of ITT's future expansionist policy: the Puerto Rican Telephone Company and the Cuban Telephone Company. In its first year of ...
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IT&T grew from a tiny bankrupt Puerto Rican telephone company. In 1917, when the United States purchased the Virgin Islands from Denmark for $30 million, the U. S. also gained the Behn family as citizens.
