AT&T

July 16, 2010US Companiesby EconomyWatch

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AT&T is among biggest providers of telephone services over long distances. It is ranked #12th in 2008 Forbes Global 2000 list. This is an indicator of standing of AT&T in global business scenario.
It provides digital subscriber line internet access and other wireless services. AT&T provides its products and services primarily in USA. It serves a total of 150 million customers. 71.4 million of these avail wireless services of AT&T.

Brief history
Foundations of AT&T were laid with invention of telephone by Alexander Graham Bell in 1876. Since its inception, AT&T has been known for providing top quality and reliable telecommunications services.

Products and services
AT&T offers it products and services in five major categories – consumer, wholesale, small business, local search and enterprise. In consumer section, AT&T offers products and services like wireless, home phone, integrated services, local search, entertainment, additional customer offerings, broadband, internet safety, bundles and wireless safety.

In small business services section, AT&T offers products and services like wireless voice data, local and long distance voice, broadband and networking, AT&T local search and integrated services.

In enterprise section, major products and services of AT&T are wireless or mobility solutions, unified communications solutions, IP VPN, data and managed data solutions, voice over IP, consulting and integration solutions, hosting and application, multi-enterprise collaboration, security and business continuity, business equipment and systems, local and long distance voice and local search.

In wholesale section, AT&T provides a number of useful products and services like carriers, system integrators, wireless service providers, ISPs, cable providers and content providers. In AT&T local search section, AT&T offers products like yellowpages.com, AT&T directory assistance and AT&T real yellow pages.

Financials
In 2007, sales of AT&T amounted to around $118.93 billion and it earned profits worth nearly $11.95 billion. Assets held by AT&T were worth about $275.64 billion and its market value stood at around $210.22 billion.

Awards and recognition
At present, AT&T is ranked #10 in 2008 Fortune 500 list. It is placed in 29th position in 2008 Global Fortune 500 list. In 2008, AT&T was rated by Fortune Magazine as one of “Top 50 World's Most Admired Companies” list. DiversityInc has placed AT&T in “Top 50 Companies for Diversity and Hall of Fame” list in 2008.


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