Net Worth: | $266 Billion |
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Company: | AT&T |
What is AT&T’s net worth? How does AT&T make its money? Below is the current net worth of AT&T and how AT&T makes its money.
What Is AT&T’s Net Worth?
AT&T is an American telecommunications company that has a net worth of $266 billion. Its headquarters is located at Whitacre Tower, Downtown Dallas, Texas. By revenue, is ranked as the biggest telecom company globally. And in the US, it is listed as the third largest provider mobile telephone services. AT&T is an acronym for American Telephone and Telegraph Company.
The original version of AT&T, was established in 1885. It was earlier recognized as the Bell Telephone Company founded by Alexander Graham Bell in 1877. The AT&T had a monopoly on phone services in the US. In 1983, as a result of a lawsuit a year before, AT&T was divided into Baby Bells, also known as Regional Bell Operating Companies, seven smaller companies that controlled telecommunications in particular areas around the US.
The Southwestern Bell Corporation was one of the seven RBOCs, and it bought the majority of AT&T’s ownership rights in 2005, renaming as AT&T Inc.
The firm focused on developing mobile and wireless communication. Additionally, they ran a landline service. They also started purchasing up smaller businesses that were also in their line of telecom development. They then purchased the BellSouth company in 2006, renaming it AT&T Mobility. The company has consistently grown over the years, maintaining its focus on mobile telecom and current technologies.
In the US, AT&T is known as the largest provider of landline services. It is the second largest mobile provider. It presently has 256,420 employees.
John Stankey is currently the CEO of AT&T Inc.
AT&T Subsidiaries
Here are a few of AT&T’s subsidiaries:
- AT&T Communications
- Cricket Wireless
- AT&T Corporation
- AT&T Mobility
- AT&T Mexico
- Pacific Bell
- AT&T Teleholdings Inc.
- AT&T Cybersecurity
- AT&T Foundation
- AT&T SportsNet
- Sterling Commerce
- AT&T Labs, etc.
Here on Networthforum, we calculate all net worths using data drawn from public sources. Most times, we incorporate tips and feedback received from the individuals or their representatives.
While we always strive to ensure that our figures are as accurate as possible, please note that they are only estimates, unless otherwise indicated.
This page is updated from time to time so that our readers will know the current net worth of AT&T. So feel free to check back for the current AT&T net worth in case of any update on its net worth.
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