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American Telephone and Telegraph Co. (AT&T Corp.) - Specimen Stock Certificate - For Sale
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American Telephone and Telegraph Co. (AT&T Corp.) - Specimen Stock Certificate -:
$105.00
Specimen Stock printed by American Bank Note Company. AT&T Corporation, originally the American Telephone and Telegraph Company, is the subsidiary of AT&T Inc. that provides voice, video, data, and Internet telecommunications and professional services to businesses, consumers, and government agencies. During its long history, AT&T was at times the world's largest telephone company, the world's largest cable television operator, and a regulated monopoly. At its peak in the 1950s and 1960s, it employed one million people and its revenue was roughly US$3 billion annually. In 2005, AT&T was purchased by Baby Bell and former subsidiary SBC Communications for more than $16 billion ($20.9billion in present-day terms). SBC then changed its name to AT&T Inc. AT&T started with Bell Patent Association, a legal entity established in 1874 to protect the patent rights of Alexander Graham Bell after he invented the telephone system. Originally a verbal agreement, it was formalized in writing in 1875 as Bell Telephone Company. In 1880 the management of American Bell had created what would become AT&T Long Lines. The project was the first of its kind to create a nationwide long-distance network with a commercially viable cost-structure. The project was formally incorporated in New York State as a separate company named American Telephone and Telegraph Company on March 3, 1885. Originating in New York, its long-distance telephone network reached Chicago, Illinois, in 1892, with its multitudes of local exchanges continuing to stretch further and further yearly, eventually creating a continent-wide telephone system. On December 30, 1899, the assets of American Bell were transferred into its subsidiary American Telephone and Telegraph Company (formerly AT&T Long Lines); this was because Massachusetts corporate laws were very restrictive, and limited capitalization to ten million dollars, fore Item ordered may not be exact piece shown. All original and authentic.
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