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Evolution Of AT & T

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This includes their recent, and major, Time Warner deal. AT&T itself was founded in 1983, seventeen years before Verizon ("AT&T's History"). In 1889, AT&T gained the belongings of its parent company, American Bell Telephone, and was in charge of Bell companies on a nationwide scale ("Evolution of the SBC"). Fast forward to 1939, and AT&T took its telephone service knowledge and “operates the country's first example of television” ("Evolution of the SBC"). For the first time in 1998, AT&T’s network data traffic outpaced their voice traffic ("Evolution of the SBC"). Today AT&T, much like Verizon, focuses on their innovation throughout the entire company ("AT&T's History"). Many of the steps they are taking today are nearly identical to Verizon.
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Introduction Verizon Communications started in 1984 as “Bell Atlantic” and one of the seven “Baby Sell”. In 2000, Bell Atlantic merged with independent phone company GTE Corporation and created the name "Verizon", a combination of VERITAS, the Latin word “ truth” and horizon, signifying forward-looking and visionary.(“Wiki”). “Verizon Wireless serves mobile phone, text message, and data services for smart phones, tablets, and computers, as well as wireless hotspot devices.” (“Wiki”). Verizon competes against other national wireless service providers, including AT&T, Sprint Nextel Corporation and T-Mobile USA, as well as various regional wireless service providers.

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A lot of people ask about Verizon FiOS and AT&T U-Verse in the same breath, primarily because these two services not only compete in the same markets, but both are incredible and amazing in their own right. The truth is that Verizon FiOS and U-Verse are both fundamentally similar, and often the biggest difference between the two comes down to who can find the best U-Verse deal or Verizon FiOS coupon for their needs. While good deals are really where one finds them, the truth is that both AT&T and Verizon have held significant leads in certain fields. These leads may change slightly based on time, location, and other conditions, but the following comparisons between AT&T U-Verse and Verizon FiOS is basically accurate from a historical perspective. For TV Lovers!

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One of the most famous and influential market failures in the 20th century was the legally sanctioned monopolies behind the AT&T and its Bell System. This was a system of companies that were owned by the Bell Telephone Company. According to AT&T, the Bell Telephone Company was founded in the early 20th century, and was the first telephone exchange, and up until its dissolution had a legalized monopoly over its industry (A Brief History). At the time this was likely the best option since competitors attempting to work together would likely not be a seamless system considering the technology was so rudimentary and new. For almost a hundred years the Bell System was regarded as an ideal natural monopoly, however that idea changed in the nineties.

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After Bell’s success with filing patents and defending himself legally, Bell’s company emerged as American Telephone and Telegraph or AT&T which dominated the industry. Wall phones and candle stick phones would be implemented with bells and a common local battery and lines would have to be built between the phones. Telephones entered the mainstream market in 1900 when companies started making them and there were nearly 600,000 phones in the system. Five years later the number would rise to 2.2 million phones. AT&T would go on to purchase the Western Union company, which Elisha Gray and Thomas Edison worked for, creating a monopoly on telephone service.

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