Enzo wrote:In one cosmic sense maybe, but in the telecom game, they are still a major player.
I just read the Wikipedia page, and my head is spinning.
It appears that in the late 1800s, AT&T was a subsidiary of another firm, but then in a corporate restructuring, the child became the parent, and the parent became the child. Almost 100 years later, AT&T spun off a whole bunch of subsidiaries. One of these children, now independent, grew up, making various acquisitions, and eventually became big enough to acquire its former parent, AT&T. But it chose to adopt the corporate identity of its former parent and current child.
So the child became the parent, then spawned a bunch of children, became the child of one of its own former children, and then became the parent again. Slightly confusing?
But today, it seems AT&T is now of the largest firms in the world, and provides a substantial portion of the land-based telephone service, mobile telephone service, and internet service in the United States. The latter, it would appear, with less than an ideal level of reliability.
Huh, can't seem to enable BBCode on this post.