How AT&T Doubled In Size After A Government Breakup
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- čas přidán 1. 03. 2018
- AT&T dominated the telephone market for most of the 20th century. The company was so big, it was forced to break up into eight smaller companies in 1984. Today, almost all of those companies are once again part of AT&T, along with cellular carriers and cable providers. Here's how the company grew so big that the government broke it up - only to see it become even bigger.
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You forgot that all of these companies are either in Verizon or AT&T with only one being independent as Lumen Technologies after merging (US West).
65 billion dollars in 1982 is the equivalent of 163 billion in 2016. So no, Tech Insider, they are actually the exact same size as they were in 1982.
Marvin The Martian the price for 1982 was inflated to today pricing
@@thecrap17yearsago35 it's not. I checked their 1982 report
@@fallout560 r/quityourbullshit
@@fallout560 Don't you miss the manufacturing and research businesses they lost along the way?
AT&T has since bought TimeWarner Entertainment, which they renamed WarnerMedia.
AT&T has also expanded globally with the purchase of two Mexican telephone companies: Iusacell and Nextel Mexico.
Wrong... Bell Atlantic merged with GTE to form VERIZON.
With NYNEX (New York and New England Telephone, another RBOC) merging in three years earlier.
Tech Insider, do more videos of these about history of tech companies. This was interesting. I didn't know the baby bells official names were RBOC's.
This company is a beast
I remember the phone leasing in the home, and when they broke up. AT&T really did focus on long distance and innovation. I started with Ameritech in the 90's, and through mergers, I became an SBC customer, and now AT&T customer. It's only been 27 years, but I have them and Verizon wireless. If they ever merge, there's no stopping them!
Agreed. This isn't their first tango with anti-trust.
This is roughly accurate; however, the original AT&T was far larger than it is today. The subtraction of Western Electric from AT&T made it far smaller. $65.8Billion with price adjust for inflation = $180.730billion
What Mr John is forgetting is it freed AT&T up to enter the computer market which they were already prepared to do and even ahead of IBM when it came to processors etc.
What a Western Electric guy told me once was they didn't count on Michael Dell....!!!
even though AT and T owns alot of those companies again its not the same antitrust situation. Up until 1984 in the heyday of landline, AT and T had literally NO competition, it owned all of the regional telephone companies and the equipment. The purpose of the government antitrust case was to create competition. In today's world of cell phones and internet there's multiple mobile phone carriers and internet providers to choose from. If AT and T were to buy up verizon, T mobile, sprint, then you would eventually see a new anti trust case against AT and T
Yea try and build a new isp and see how many law suite get sent your way to stop you.
They really only need to buy Verizon, the largest, because then they'd have over 50%, literally making them the market!
0:38 prof. Richard R. John 2:10 1949 next antitrust lawsuit Western Electric 3:29 1969 90% of U.S. households, 1974 lawsuit 3:41 1982 consent decree
Ma Bell would be nice to have back but they'd have to get rid of their old weird rules. They didn't allow you to hook up your own telephone or buy your own telephone.
Wow a tech insider video longer than 3 minutes
The merger of AT&T and the entertainment company TimeWarner was approved, thus WarnerMedia was born...now AT&T owns the media company that owns Cartoon Network, TBS, TNT, Warner Bros. Studios, etc.
Gigantic conglomerates and monopolies are rarely beneficial to us, the little man.
Ginger Rob late stage capitalism. Where there is little competition and the market is oligopoly or monopolistic.
Yeah because having 40 company's now to choose from is so much better. Not! Now we have 40 shitty companys who cant run a decent business and pay their workers shit to compensate for their lower market share revenues. Poor customer service, and outsourcing. Instead of one great company with great reliability, we have a bunch of shit. But keep thinking that MR. ECONOMICS. You are probably the same guy who buys everything because it's the cheapest and then complains that it sucks.
@@therealnoodles7638 you can call it whatever you want but the gov 100% in on it. We haven't practiced actual captalism for a VERY long time. Mostly due to the government constantly sticking its di** in the mix to add to the problem - not fix it.
Use sound to echo a reflector on moon surface for long range communication and space program
There’s no one deaf in my family & AT&T is using that service on my device. They using this I Feel As A Corrupt Marketing without my knowledge. It’s a CRIME TOO.
Bell South was bought by AT&T in the 90s or 2000s I believe
Wish we still had the bell system . So sick of these horrific cable broadband monopolies
After SBC merged with the old AT&T, Ma Bell became inbred uncle twice removed Bell.
Verizon has only existed since the year 2000? You mean to tell me google is older than verizon?
I mean this video has a valid point, but the "twice the size" based on revenue is literally the rate of inflation between 1984 and 2018
This aged well
Moon antenna for long range communication
heck at&t
I have At&t
time for another breakup
I have ‘competition law’ exam tomorrow
VERY MISLEADING TITLE.
Ah, maybe it's a good idea to put the shabang back together again. Here's a great slogan: " We told you, The System is the Solution".
At&t is secretly building a WiFi network infrastructure...yes wifi. That's gonna be pretty huge, even bigger than any satellite mesh network.
did it happen?
@@NoNameAtAll2 I mean yeah. When I was like totally broke like 2 year ago I got hacked usernames and passwords from the dark web and got like really highspeed wifi in most places. I can imagine it has gotten way better.
@@snitox did it really happen?
@@a.h.543 yes you can find AT&T WiFi in most places. It's exclusively for AT&T customers
AT&T got its benefits
But does at&t give 84 GB data for 84 days for 6$ guess not only Jio (India) can give that ,kudos to Mukesh Ambani
Free calls and text all over India complimentary ;)
It's America not India. Idiot
I am talking about India not America idiot
Neil Lopes they fooled us for many years with high prices man... screw them
Yup it's time that Jio enter America 😂
This is what you guys are suppose to be uploading more frequently you know..love the video
3:13 So all the tech companies of today owe a huge thanks to Bell for paving the road to success.
Death Star telecom! I’m glad they didn’t buy T-Mobile.
break up government
Remember when tech insider made videos about tech?
This is about tech. And tech includes tech history.
They need to break Oligopolies. Too many of them.
XD
Late stage capitalism where the market becomes monopoly or oligopoly.
2nd year at Berkeley eh?
Alexander Graham bell didn't patent the first telephone. He just bribed the patent clerk to file his application first.
That spurious nonsense was disproven many times and long ago including through legal suits. Mr. Bell didn't run the company, it was run by the investors.
The government has a monopoly on laws. They are the only ones that can make them, enforce them, and interpret them. Time to break them up
So that whole thing that happened with Mel it was playing years in a Vance
Is it was planned to happen when I graduated in 1984
Instead of doing it when they have the technology
6th
First
Ashwin Grewal your firsr
sec
first
Aviation&Gameplay 101 you are third
1st comment h g
live live your second
1984 grandpa did you have anything to do with that
Why is this guy talking weird?
And these monopolies have lobbied congress so much that there hasn't been been a another breakup since. And even if there was one, the main monopoly would just buy up all the little companies again, and become a monopoly again.
Please write letters to trump we need bring back bell systems in the usa.
AT&T now rips customers off to make their money for the most part
yeah sure
Maybe leave AT&T then.
Cause I was moving
First
Om Patil you are 7th