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On January 1, 1900, AT&T, a publicly traded corporation, owned the major assets of American Bell and thus became the head of the Bell System. By December 31, 1900, it had 569,901 shares of stock outstanding, which rose to 18,662,275 shares at the close of 1935.
This lesson discusses the history of the Bell System, focusing primarily on the growth of the company founded by Alexander Graham Bell (the inventor of the telephone), including the spread of the telephone and its importance in society; the dominance of the Bell System and its resultant wealth; and, finally, the 1984 federally mandated breakup ...
The Bell System included Western Electric (manufacturing), Bell Laboratories (research and development), AT&T Long Lines and the regional Bell operating companies. The American telephone monopoly provided what was by all accounts the best telephone service in the world.
Bell System was known for providing the highest-quality telephone parts in the United States, but that ended in 1984. The telephone components were then manufactured by foreign companies for Western Electric, a leading telephone company. In the beginning. On March 10th, 1876, when Alexander Graham Bell spoke into the transmitting instrument ...
Jan 1, 1984 · A new era for American telecommunications and for American business begins today as the once-unified Bell System begins life as eight separate companies. It is a time of great expectations and...
The Bell System. Manhole cover in the French Quarter of New Orleans displaying the Bell System Logo. 2017. Photo courtesy of Nanette Gibbs. As far back as August 5, 1858, when the first transatlantic cable was completed, August has been a month of firsts and change for the Bell System. In the book, Events in Telecommunications History published ...
The Bell System was a system of companies. The companies were led by the Bell Telephone Company and later by AT&T (the American Telephone and Telegraph Company). [1] . The Bell System provided telephone service to most of the United States and Canada. Sometimes, it was a monopoly . The Bell System companies were founded in 1877.
