AT&T_logoProfile AmericaFriday, January 8. The nation’s telephone service options changed forever on this date 34 years ago when AT&T complied with a Justice Department mandate to give up its local Bell System companies. The action came as the result of what has been termed the most significant antitrust suit since the breakup of Standard Oil in 1911. From the late 19th century, the virtual monopoly of what had come to be known as “Ma Bell” controlled America’s telephone equipment and lines. After the breakup, competitive forces have shaped the industry. Of America’s roughly 117 million housing units occupied by owners or renters, only some 2.7 million, or about 2.5 percent, have neither cellular or landline telephone service.


Source: U.S. Census Bureau

Print Friendly, PDF & Email