History
Prior to the Bell System divestiture on January 1, 1984, American Telephone & Telegraph Company (AT&T) through its Bell System companies held a natural monopoly for telephone service within the United States. AT&T owned the local loop, including the telephone wiring within the customer premises and the customer telephone equipment. A similar arrangement existed with smaller, regional telephone companies such as GTE.
As a result of deregulation of the telephone system, unbundling of the local loop, and lawsuits by companies wishing to sell third-party equipment to connect to the telephone network, there was a need to delineate the portion of the network which was owned by the customer and the portion owned by the telephone company or the common carrier. Where the portions meet is called the demarcation point.
Read more about this topic: Demarcation Point
Famous quotes containing the word history:
“While the Republic has already acquired a history world-wide, America is still unsettled and unexplored. Like the English in New Holland, we live only on the shores of a continent even yet, and hardly know where the rivers come from which float our navy.”
—Henry David Thoreau (1817–1862)
“As I am, so shall I associate, and so shall I act; Caesar’s history will paint out Caesar.”
—Ralph Waldo Emerson (1803–1882)
“History has neither the venerableness of antiquity, nor the freshness of the modern. It does as if it would go to the beginning of things, which natural history might with reason assume to do; but consider the Universal History, and then tell us,—when did burdock and plantain sprout first?”
—Henry David Thoreau (1817–1862)