Finance: Merger and Acquisition Paper

The company that later became known as AT& deoxyadenosine monophosphate;T began in 1875, in an arrangement among inventor horse parsley Graham ships bell and the two men, Gardiner Hubbard and Thomas Sanders, who agreed to pay his work. In 1877, the three men formed the Bell reverberate Company to exploit the invention. In 1882, American Bell acquired a controlling interest in the Western Electric Company, which became its manufacturing unit. The endeavour became known as the Bell System.

In 1925, Walter Gifford, president of AT& antiophthalmic factor;T, decided that AT& adenine;T and the Bell System should concentrate on its goal of universal border advantage in the United States. He sold the world(prenominal) Western Electric Company to the newly formed outside(a) Telephone and Telegraph Company (ITT) in 1925. Although AT&T retreated from international manufacture, it retained an international forepart through its drive to provide ball-shaped telephone service to customers in the U.S.

The new AT&T began evolving to an unified voice and data communication theory company. By mid-2000, AT&T had three rapidly evolving networks- data, broadband, and wireless, and four separate businesses-cable, wireless, business, and consumer.

In January 2005, AT&Ts denote the pending $16 trillion merger with SBC Communications to create the industry?s autopsy communications and networking company. Through this deal, the people of AT&T have the opportunity to build the defining entity in global communications for the 21st century.



? a company capable of delivering march on networking technologies and a full suite of integrated communications service throughout the world.

In November 7, 2008, AT&T announced its plan to acquire regional wireless and wired communications service provider, Centennial Communications Corp. The propose transaction is estimated in $944 million in cash. With this transaction, AT&T is spirit to enhance its wireless coverage for customers in the Midwest and selenium of the United States, Puerto Rico and the U.S. Virgin Islands.

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