AT&T is the United States and the world largest telecommunication company.
It is a media conglomerate occupying the 13th place in the list of the most expensive brands by the Forbes magazine. Its main activity directions include stationary and wireless communications, Internet services and satellite television. It is headquartered in Dallas, Texas.
The company’s history began in 1885 in NewYork and was closely related to the name of Alexander Graham Bell, the telephony founder. The American Telephone and Telegraph Company was registered as a subsidiary, which focused its business on the telephone line laying.
After the breakup of 1982, AT&T lost most of its assets and employees. The company started extending through acquisitions. Today, AT&T’s turnover exceeds $146 billion, its net profit is more than $13.687 billion, it employs about 300 thousand people. In 2005, it symbolically merged with the SBC Communications.
Since June, 2007 the Chairman of the Board of Directors and the President is Randall Lynn Stephenson who has been working for the company since 1982. The company’s management pays much attention to charity being a trustee of the American Enterprise Institute for Public Policy Research.