Interesting timeline.
Consolidation in the Telecommunications Industry – Graphic
AT&T’s proposed $39 billion purchase of T-Mobile USA would cap two decades of deal making that has left the U.S. telecom industry with just a handful of major players. Today’s AT&T…
The US government broke up the AT&T monopoly in the early 1980s, leaving the original AT&T doing little more than long-distance service. NYNEX, US West, Pac Bell and the rest were all separate companies until they started buying each other up again.
Looking back at it, what I find weird is that while Pacific Telesis ended up as part of AT&T, and MCI ended up as Verizon, their wireless divisions ended up owned by the opposite companies.
