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US News & World Report October 24, 1983 "The Bell Breakup" - What does it mean

Description: The breakup of the Bell System was mandated on January 8, 1982, by a consent decree. This decree provided that AT&T Corporation would relinquish control of the Bell Operating Companies, which had provided local telephone service in the United States. As a result, the Bell System was split into entirely separate companies. AT&T continued to provide long-distance service, while the now-independent Regional Bell Operating Companies (RBOCs), nicknamed the “Baby Bells,” provided local service. These Baby Bells were no longer directly supplied with equipment from AT&T subsidiary Western Electric. The divestiture reduced the book value of AT&T by approximately 70%.The breakup resulted in the creation of seven independent companies formed from the original twenty-two AT&T-controlled members of the System. These Regional Bell Operating Companies (RBOCs) or Baby Bells played a significant role in shaping the telecommunications landscape in the United States. Regardless of its long-term effects, the breakup forever changed how we communicate and view modern tech monopolies in the country.

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End Time: 2024-11-23T12:59:57.000Z

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US News & World Report October 24, 1983 "The Bell Breakup" - What does it meanUS News & World Report October 24, 1983 "The Bell Breakup" - What does it mean

Item Specifics

All returns accepted: ReturnsNotAccepted

Publication Name: U.S. News & World Report

ISSN: n/a

Publisher: US News & World Report

Publication Month: October

Publication Year: 1983

Publication Frequency: Weekly

Language: English

Contributors: n/a

Features: Illustrated

Genre: News

Country/Region of Manufacture: United States

Topic: News, General Interest

Subscription: Yes

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