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:
“Most events recorded in history are more remarkable than important, like eclipses of the sun and moon, by which all are attracted, but whose effects no one takes the trouble to calculate.”
—Henry David Thoreau (1817–1862)
“It may be well to remember that the highest level of moral aspiration recorded in history was reached by a few ancient Jews—Micah, Isaiah, and the rest—who took no count whatever of what might not happen to them after death. It is not obvious to me why the same point should not by and by be reached by the Gentiles.”
—Thomas Henry Huxley (1825–95)
“The greatest honor history can bestow is that of peacemaker.”
—Richard M. Nixon (1913–1995)