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Pacific Telesis was a regional Bell operating company created in 1983 as part of the breakup of AT&T. It was acquired by SBC in 1997 and became part of AT&T in 2005.
Find out how to calculate your cost basis for AT&T Inc. shares acquired as a result of SBC's acquisition of Pacific Telesis Group (PAC) in 1997. Use the worksheet to enter your original cost per share and the allocation factor for each event after you acquired your shares.
Find Pacific Telesis Stock History for including information on cost basis and stock split dates and mergers. Helps you find Pacific Telesis cost basis.
Pacific Telesis Group (PacTel) was a regional holding company of the Bell telephone network in the U.S. after the 1984 divestiture of AT&T. PacTel offered telecommunications services and products, expanded its nonregulated operations, and faced competition and regulation challenges.
AirTouch Communications is a wireless telecommunications company that spun off from Pacific Telesis Group in 1994. It provides cellular, paging, and other services in the U.S., Europe, and Asia, and was the first to adopt CDMA digital technology.
Pacific Telesis was one of the "Baby Bell" regional companies that had been formed over a decade earlier after the historic breakup of the Bell System monopoly. The acquisition gave AT&T an expanded foothold on the West Coast, including the fast-growing wireless operations of PacTel Cellular.
AirTouch was a cellular telephone service provider created as a spin-off of Pacific Telesis in 1994. It merged with Vodafone in 1999 and became part of Verizon Wireless in 2000.
