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The cellular and paging unit of Pacific Telesis, PacTel Cellular, was spun off in 1994 into a new company called AirTouch Communications, leaving Pacific Telesis with only the landline telephone company. Senior Pacific Telesis management moved to AirTouch, thus leaving a new corporate culture to run the old Pacific Telesis.
Coming a year after its blockbuster merger with Pacific Telesis, the SNET purchase represented another step towards AT&T's vision of delivering local, long distance, wireless and data services across the full range of U.S. markets—essentially reconstituting Ma Bell.
Apr 1, 1997 · It's a done deal: SBC Communications today announced its $16.5 billion megamerger with Pacific Telesis Group is complete, following approval from state regulators.
Dec 14, 1992 · It will be left with about $9,000m in annual turnover, while the liberated PacTel, which includes cellular operations, paging, vehicle location and international businesses, had turnover of $829m for the 12 months to September 30.
Apr 2, 1996 · In the first marriage of two regional Bell telephone companies and one of the largest corporate mergers ever, SBC Communications announced yesterday that it would acquire the Pacific Telesis Group...
Jun 13, 2023 · Pacific Telesis was purchased by Southwestern Bell in 1995 but is now part of AT&T again. Southwestern Bell used to provide services to customers in six Midwestern states. Later on, it was...
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Apr 2, 1997 · The third-largest merger in United States history was completed yesterday when SBC Communications Inc. acquired Pacific Telesis Group in a deal worth $16.7 billion. California regulators had...
