AdvertisementAT&T’s Run-Ins With the GovernmentAT&T, one of the world’s largest telecommunications companies, figures prominently in the annals of antitrust law. A year later, the Bell Telephone Company, the precursor to AT&T, issues stock to seven shareholders. Opening up AT&T’s long-distance lines to independent telephone companies satisfied regulators who were seeking greater efficiencies, but it also made the companies more dependent on the Bell System service. Image Randall Stephenson, left, AT&T’s chief executive, at a hearing before Congress in 2011 over AT&T’s bid for T-Mobile. Spearheading the merger: Randall L. Stephenson, in his first big strategic step since becoming AT&T’s chairman and chief executive in 2007.

Source: New York Times November 21, 2017 00:03 UTC