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Pacific Telesis was the holding company for Pacific Bell, Nevada Bell, Pacific Telesis International, PacTel Mobile Services and PacTel InfoSystems. Pacific Telesis was headquartered in San Francisco and incorporated in Nevada. It was acquired by SBC Communications (the former Southwestern Bell) in 1997, which would eventually become today’s ...
- 1983; 40 years ago
- Telecommunications
- San Francisco, CA, United States
- Chuck Smith, former CEO, Ray Wilkins, former CEO
San Francisco, California 94108. U.S.A. (415) 394-3000. Fax: (415) 362-8628. Public Company Incorporated: 1983. Employees: 65,829. Sales: $9.72 billion. Stock Exchanges: New York Pacific Midwest London Geneva Z ü rich Basel. Pacific Telesis Group (PacTel) was incorporated in Nevada in 1983 following the U.S. District Court-ordered divestiture ...
Capital raised was slated for debt retirement, investment in cellular licenses around the world, and the development of new technologies. At the time of the IPO, Pacific Telesis continued to hold 88 percent of AirTouch's stock. The following April, Pacific Telesis shareholders were given stock in the new company and the spin off was completed.
Jun 23, 1985 · Within days, Pacific Telesis was able to outbid a team of investors to buy Dallas-based Communications Industries, a radio-telephone company with operations in markets across the nation, for $431 ...
Coming just a year after AT&T's takeover of Pacific Telesis, the blockbuster $62 billion deal further enhanced AT&T's national footprint and deepened its offering of local, long distance, Internet and wireless services. The merger faced questions about its impact on competition in local markets, leading AT&T to agree to various divestitures and ...
Representative, Pacific Telesis. 1 Videos. See all Pacific Telesis people.
Company profile page for Pacific Telesis Group including stock price, company news, executives, board members, and contact information
