Economics Of At&t

Term Paper Title	Economics Of At&t
# of Words	908
# of Pages (250 words per page double spaced)	3.63

economics of at&t

The AT+T Corporation, formerly known as The American Telephone and Telegraph Company, was incorporated on March 3, 1885 in New York as a wholly owned subsidiary of The American Bell Telephone Company.  Its original purpose was to manage and expand the burgeoning toll (long distance) business of American Bell and its licensees.  It continued as the long distance company until December 30, 1899 when it assumed the business and property of American Bell and became the parent company of the Bell System. For most of its history, the company functioned as a legally sanctioned, regulated monopoly.  No competition was apparent until the 1970's.  Since the break up in 1984, AT+T has become the largest telecommunications company in the United States, and  a world wide leader in communications services.  Its main businesses include long distance services, AT+T Wireless Services, AT+T World Net services, AT+T Solutions consulting services and the AT+T Universal Card.  AT+T has a very strong global presence that dates back to 1882 when it opened a plant in Antwerp ,Belgium.  AT+T has approximately 51,000 employees based outside of the United States.In 1994, International revenues alone were 25 percent.  You can see why AT+T has a presence in nearly 100 countries around the world, and does business in about 200 countries.  In the last fifteen months AT+T has split into three separate companies.  They are AT+T, a global communications company; Lucent Technologies, a technological company; NCR Corporation, a computer company.  The new AT+T is committed to making the most of its leadership position in the dynamic global market for communications and information services.  With 2.3 million share owners, AT+T is the most widely held stock in the United States.

           AT+T has an Environmental Responsibility and they follow through on it.  They take precautions and do not want to mess up the environment any more than it has already been.  AT+T's strong commitment to have good environmental performance has to start with environmental goals that call for phaseout of CFC emissions from manufacturing operations.  Also, they would like to eliminate reportable toxic air emissions.  They have already increased recycling of waste paper and in the use of paper.  Their progress is a key to their responsibility.  The figures I found are as follows.  The factories have virtually eliminated all CFC emissions.  They have reduced reportable toxic air emissions by 92 percent.  Also, they have reduced manufacturing waste by 49 percent.  The company is recycling 63 percent of its wastepaper that computes to forty-eight billion pounds annually and has increased its use of recycled paper significantly.  It has been reducing paper consumption by 25 percent since 1990.

          AT+T is also responsible for their empl...

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