On November 18th 2005, SBC Communications acquired AT&T Corp. The two companies were part of a $16 billion fusion. SBC Communications will change their name to AT&T, Inc. and the company will have a new logo. SBC no longer exists as a name for the products and services of the company.
Edward Whitacre, CEO of SBC said that "The AT&T name has a proud and storied heritage, as well as unparalleled recognition around the globe among both businesses and consumers". Whitacre explained that AT&T is a name that represents what the new company intends to deliver: quality, customer service, innovation and reliability.
The combination of these two companies had to go through a 10-month process of review. The United States Department of Justice, the Federal Communications Commission, 36 states, the District f
The final step of the transaction came when it was approved by the
The new AT&T is the largest telecommunications company in the
The company is the leader in DSL Internet, local and long-distance voice, and directory publishing and advertising services in the