Regional Bell Operating Company
The Regional Bell Operating Companies (RBOC) are the result of United States v. AT&T, the U.S. Department of Justice antitrust suit against the former American Telephone & Telegraph Company (later known as AT&T Corp.). On January 8, 1982, AT&T Corp. settled the suit and agreed to divest its local exchange service operating companies. Effective January 1, 1984, AT&T Corp.'s local operations were split into seven independent Regional Bell Operating Companies known as "Baby Bells". RBOCs were originally known as Regional Holding Companies (RHCs). Currently, three companies have the RBOCs as predecessors. They are "The New" AT&T Inc., Verizon, and CenturyLink. Some other companies are holding on smaller segments of the companies.
Read more about Regional Bell Operating Company: "Baby Bells", Mergers
Famous quotes containing the words bell, operating and/or company:
“I was allowed to ring the bell for five minutes until everyone was in assembly. It was the beginning of power.”
—Jeffrey Archer (b. 1940)
“I love meetings with suits. I live for meetings with suits. I love them because I know they had a really boring week and I walk in there with my orange velvet leggings and drop popcorn in my cleavage and then fish it out and eat it. I like that. I know I’m entertaining them and I know that they know. Obviously, the best meetings are with suits that are intelligent, because then things are operating on a whole other level.”
—Madonna [Madonna Louise Ciccione] (b. 1959)
“If it were not for the company of fools, a witty man would often be greatly at a loss.”
—François, Duc De La Rochefoucauld (1613–1680)