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AT&T buys Cingular for $26 billion: Coming Full Circle


AT&T buys national cellular provider Cingular Wireless. This huge deal brings AT&T, or the original company American Telephone & Telegraph Company created by Alexander Graham Bell himself, full circle. In 1983 AT&T was broken up as a result of U.S. antitrust action. This broke AT&T into 7 smaller regional communication providers each […]