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 can entertain the proposition that life is a metaphor for boxing—for one of those bouts that go on and on, round following round, jabs, missed punches, clinches, nothing determined, again the bell and again and you and your opponent so evenly matched it’s impossible not to see that your opponent is you.... Life is like boxing in many unsettling respects. But boxing is only like boxing.”
—Joyce Carol Oates (b. 1938)
“Go on then in doing with your pen what in other times was done with the sword; shew that reformation is more practicable by operating on the mind than on the body of man.”
—Thomas Jefferson (1743–1826)
“For I must tell you that we artists cannot tread the path of Beauty without Eros keeping company with us and appointing himself as our guide.”
—Thomas Mann (1875–1955)