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:
“The one who should remove the bell is the one who hung it up.”
—Chinese proverb.
“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)
“The Bermudas are said to have been discovered by a Spanish ship of that name which was wrecked on them.... Yet at the very first planting of them with some sixty persons, in 1612, the first governor, the same year, “built and laid the foundation of eight or nine forts.” To be ready, one would say, to entertain the first ship’s company that should be next shipwrecked on to them.”
—Henry David Thoreau (1817–1862)