Phone Companies
Incredible that SBC may buy AT&T.
Here is a list of the history of the RBOCs (reg bell operating companies)-who they are/were, as well as top Cell providers. This is from Reuters' horribly formatted story found here.
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh53677_2005-01-28_13-25-26_n2789985_newsml
FACTBOX-Top U.S. phone companies by rank
Fri Jan 28, 2005 08:25 AM ET
CHICAGO, Jan 28 (Reuters) - In the wake of reported merger talks Thursday by SBC Communications Inc. (SBC.N: ) and AT&T Corp. (T.N: ) , the following is a list of U.S. phone and wireless service providers by rank. Statistics are those most recently provided by the companies.
--- TOP U.S. PHONE COMPANIES ---
VERIZON COMMUNICATIONS INC. (VZ.N: ) , New York, New York -- Formed in 2000 when Bell Atlantic bought GTE, the telephone company is also parent to Verizon Wireless. -- CEO: Ivan Seidenberg -- Total access lines: 53 million -- Long distance lines: 17.7 million -- Annual revenues: $71.3 billion -- Market cap: $99.7 billion -- Employees: About 210,000 -- Deal strategy: Seidenberg said on Thursday Verizon would watch the market, but had chosen to grow its large corporate business "organically" and suggested it would keep doing
SBC COMMUNICATIONS INC. (SBC.N: ) , San Antonio, Texas -- The aggregate of several regional Bell companies, including Pacific Bell of California, Southwestern Bell of Texas, and Ameritech of Illinois. -- CEO: Edward Whitacre -- Total access lines: 52.4 million -- Long distance lines: 20.9 million -- Annual revenues: $40.8 billion -- Market cap: $81.1 billion -- Employees: About 162,700 -- Deal strategy: Reportedly in talks to acquire AT&T Corp. , a deal that would vault SBC to the top spot an estimated cost of some $15 billion.
BELLSOUTH CORP. (BLS.N: ) Atlanta, Georgia -- This southern Bell phone company is also a parent of Cingular Wireless -- CEO: Duane Ackerman -- Total access lines: 21.4 million -- Long distance lines: 6.1 million -- Annual revenues: $27.9 billion (including 40 pct stake in Cingular Wireless) -- Market Cap: $47.8 billion -- Employees: About 62,600 -- Deal strategy: Most conservative of the Baby Bells, has never made a major acquisition. Came close to buying AT&T in 2003, but backed out. AT&T CORP. (T.N: ) Bedminster, New Jersey -- Known for decades as Ma Bell, this is the oldest U.S. phone company, dating back to 1875 and Alexander Graham Bell's invention of the telephone. Prior to deregulation, it was the of the U.S. monopoly known as the Bell System. -- CEO: David Dorman -- Long distance lines: 24 million -- Annual revenues: $30.5 billion -- Market cap: $14.8 billion -- Employees: About 47,000 -- Deal strategy: Considered to have been on the auction block since 2003, when a deal with BellSouth fell apart. Now reportedly in talks to be bought by SBC Communications Inc.
----TOP U.S. WIRELESS SERVICE PROVIDERS ----
CINGULAR WIRELESS LLC, Atlanta, Georgia -- The mobile venture of regional Bell companies BellSouth Corp. (BSL.N: ) and SBC Communications (SBC.N: ) -- CEO: Stanley Sigman -- Subscribers: 49.1 million -- Annual revenues: $32.2 billion (pro forma to assume Cingular had owned AT&T Wireless for all of 2004) -- Employees: About 70,000 (including AT&T wireless) -- Deal strategy: In October, Cingular completed a $41 billion purchase of AT&T Wireless, vaulting it past Verizon to the top spot.
VERIZON WIRELESS, Bedminster, New Jersey -- A joint venture of Verizon Communications (VZ.N: ) and British-based Vodafone (VOD.L: ) -- CEO: Denny Strigl -- Subscribers: 43.8 million -- Annual revenues: $27 billion -- Employees: About 49,500 -- Deal strategy: Verizon Wireless has not joined the current ste of mega mergers so far but it announced more than $4 billion worth of regional acquisitions last year that gave t additional wireless airwaves and new customers.
SPRINT CORP. (FON.N: ) , Overland Park, Kansas -- This mobile service provider also offers traditional phone srvices. -- CEO: Gary Forsee -- Subscribers: 23.2 million (17.3 million direct customers and nd 5.9 million from affiliates and wholesale partners) -- Annual revenues: $26.2 billion (2003) -- Market cap: $33.5 billion -- Employees: About 60,000 -- Deal strategy: In December, Sprint announced plans to buy ival Nextel Communications Inc. (NXTL.O: ) for about $35 bllion. The deal, now valued at about $33 billion, will re create a mobile provider with nearly 40 million subscribers.
T-MOBILE USA, Bellevue, Washington -- Owned by German-based Deutsche Telekom AG (DTEGn.DE: ) -- CEO: Robert Dotson -- Subscribers: About 17.5 million -- Service revenue: $7.28 billion, (first 9 months of 2004) -- Employees: About 24,000 -- Deal strategy: T-Mobile USA will be less than half the size of next-biggest competitor Sprint, after the Nextel deal. T-Mobile has said it benefits from being part of Deutsche Telekom's T-Mobile International, which has 69 million customers in six countries.
NEXTEL COMMUNICATIONS INC. (NXTL.O: ) , Reston, Virginia -- This wireless company has differentiated itself by carving out a niche to businesses that use the walkie-talkie style feature of its service. -- CEO: Timothy Donahue -- Subscribers: 16.2 million, including 1.2 million customers in its Boost Mobile service. -- Revenue: $10.8 billion (2003) -- Market cap: $30.6 billion -- About 18,000 -- Deal strategy: In December, agreed to be bought by Sprint.
Here is a list of the history of the RBOCs (reg bell operating companies)-who they are/were, as well as top Cell providers. This is from Reuters' horribly formatted story found here.
http://yahoo.reuters.com/financeQuoteCompanyNewsArticle.jhtml?duid=mtfh53677_2005-01-28_13-25-26_n2789985_newsml
FACTBOX-Top U.S. phone companies by rank
Fri Jan 28, 2005 08:25 AM ET
CHICAGO, Jan 28 (Reuters) - In the wake of reported merger talks Thursday by SBC Communications Inc. (SBC.N: ) and AT&T Corp. (T.N: ) , the following is a list of U.S. phone and wireless service providers by rank. Statistics are those most recently provided by the companies.
--- TOP U.S. PHONE COMPANIES ---
VERIZON COMMUNICATIONS INC. (VZ.N: ) , New York, New York -- Formed in 2000 when Bell Atlantic bought GTE, the telephone company is also parent to Verizon Wireless. -- CEO: Ivan Seidenberg -- Total access lines: 53 million -- Long distance lines: 17.7 million -- Annual revenues: $71.3 billion -- Market cap: $99.7 billion -- Employees: About 210,000 -- Deal strategy: Seidenberg said on Thursday Verizon would watch the market, but had chosen to grow its large corporate business "organically" and suggested it would keep doing
SBC COMMUNICATIONS INC. (SBC.N: ) , San Antonio, Texas -- The aggregate of several regional Bell companies, including Pacific Bell of California, Southwestern Bell of Texas, and Ameritech of Illinois. -- CEO: Edward Whitacre -- Total access lines: 52.4 million -- Long distance lines: 20.9 million -- Annual revenues: $40.8 billion -- Market cap: $81.1 billion -- Employees: About 162,700 -- Deal strategy: Reportedly in talks to acquire AT&T Corp. , a deal that would vault SBC to the top spot an estimated cost of some $15 billion.
BELLSOUTH CORP. (BLS.N: ) Atlanta, Georgia -- This southern Bell phone company is also a parent of Cingular Wireless -- CEO: Duane Ackerman -- Total access lines: 21.4 million -- Long distance lines: 6.1 million -- Annual revenues: $27.9 billion (including 40 pct stake in Cingular Wireless) -- Market Cap: $47.8 billion -- Employees: About 62,600 -- Deal strategy: Most conservative of the Baby Bells, has never made a major acquisition. Came close to buying AT&T in 2003, but backed out. AT&T CORP. (T.N: ) Bedminster, New Jersey -- Known for decades as Ma Bell, this is the oldest U.S. phone company, dating back to 1875 and Alexander Graham Bell's invention of the telephone. Prior to deregulation, it was the of the U.S. monopoly known as the Bell System. -- CEO: David Dorman -- Long distance lines: 24 million -- Annual revenues: $30.5 billion -- Market cap: $14.8 billion -- Employees: About 47,000 -- Deal strategy: Considered to have been on the auction block since 2003, when a deal with BellSouth fell apart. Now reportedly in talks to be bought by SBC Communications Inc.
----TOP U.S. WIRELESS SERVICE PROVIDERS ----
CINGULAR WIRELESS LLC, Atlanta, Georgia -- The mobile venture of regional Bell companies BellSouth Corp. (BSL.N: ) and SBC Communications (SBC.N: ) -- CEO: Stanley Sigman -- Subscribers: 49.1 million -- Annual revenues: $32.2 billion (pro forma to assume Cingular had owned AT&T Wireless for all of 2004) -- Employees: About 70,000 (including AT&T wireless) -- Deal strategy: In October, Cingular completed a $41 billion purchase of AT&T Wireless, vaulting it past Verizon to the top spot.
VERIZON WIRELESS, Bedminster, New Jersey -- A joint venture of Verizon Communications (VZ.N: ) and British-based Vodafone (VOD.L: ) -- CEO: Denny Strigl -- Subscribers: 43.8 million -- Annual revenues: $27 billion -- Employees: About 49,500 -- Deal strategy: Verizon Wireless has not joined the current ste of mega mergers so far but it announced more than $4 billion worth of regional acquisitions last year that gave t additional wireless airwaves and new customers.
SPRINT CORP. (FON.N: ) , Overland Park, Kansas -- This mobile service provider also offers traditional phone srvices. -- CEO: Gary Forsee -- Subscribers: 23.2 million (17.3 million direct customers and nd 5.9 million from affiliates and wholesale partners) -- Annual revenues: $26.2 billion (2003) -- Market cap: $33.5 billion -- Employees: About 60,000 -- Deal strategy: In December, Sprint announced plans to buy ival Nextel Communications Inc. (NXTL.O: ) for about $35 bllion. The deal, now valued at about $33 billion, will re create a mobile provider with nearly 40 million subscribers.
T-MOBILE USA, Bellevue, Washington -- Owned by German-based Deutsche Telekom AG (DTEGn.DE: ) -- CEO: Robert Dotson -- Subscribers: About 17.5 million -- Service revenue: $7.28 billion, (first 9 months of 2004) -- Employees: About 24,000 -- Deal strategy: T-Mobile USA will be less than half the size of next-biggest competitor Sprint, after the Nextel deal. T-Mobile has said it benefits from being part of Deutsche Telekom's T-Mobile International, which has 69 million customers in six countries.
NEXTEL COMMUNICATIONS INC. (NXTL.O: ) , Reston, Virginia -- This wireless company has differentiated itself by carving out a niche to businesses that use the walkie-talkie style feature of its service. -- CEO: Timothy Donahue -- Subscribers: 16.2 million, including 1.2 million customers in its Boost Mobile service. -- Revenue: $10.8 billion (2003) -- Market cap: $30.6 billion -- About 18,000 -- Deal strategy: In December, agreed to be bought by Sprint.


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