First Trade Date for SBC Communications Inc
Company Name | First Trade Date (yyyy-mm-dd) |
SBC Communications Inc | unknown at present |
Company Name | Symbol |
SBC Communications Inc | SBC |
History and Business of Company (this information may include date of incorporation) | |
SBC Communications Inc. ("SBC" or "we") is a holding company incorporated under the laws of the State of Delaware in 1983 and has its principal executive offices at 175 E. Houston, San Antonio, Texas 78205-2233 (telephone number 210-821-4105). We maintain an internet site at http://www.sbc.com. (This website address is for information only and is not intended to be an active link or to incorporate any website information into this document.) We make available, free of charge, on our website our annual report on Form 10-K, our quarterly reports on Form 10-Q, current reports on Form 8-K and all amendments to those reports as soon as reasonably practicable after such reports are electronically filed with the SEC. We also make available on our website, and in print, if any shareholder or other person so requests, our code of business conduct and ethics entitled "Code of Ethics" applicable to all employees and Directors, our "Corporate Governance Guidelines", and the charters for the Audit, Human Resources and Corporate Governance and Nominating Committees of our Board of Directors. Any changes to our Code of Ethics or waiver of our Code of Ethics for senior financial officers, executive officers or Directors will be posted on our website. SBC was formed as one of several regional holding companies created to hold AT&T Corp.'s local telephone companies. On January 1, 1984, SBC was spun-off from AT&T pursuant to an anti-trust consent decree, becoming an independent publicly traded telecommunications services provider. At formation, we primarily operated in five southwestern states. Our subsidiaries merged with Pacific Telesis Group in 1997, Southern New England Telecommunications Corporation in 1998 and Ameritech Corporation in 1999, thereby expanding our wireline operations as the incumbent local exchange carrier into a total of 13 states. Our services and products are marketed under several brands including SBC, through our joint venture with BellSouth Corporation (BellSouth), Cingular Wireless (Cingular), and through our alliance with Yahoo!, SBC Yahoo!. We rank among the largest providers of telecommunications services in the U.S. and the world. Through our subsidiaries, we provide communications services and products in the U.S. and have investments in more than 25 countries. We offer our services and products to businesses and consumers, as well as other providers of telecommunications services. The services and products that we offer vary by market, and include: local exchange services, wireless communications, long-distance services, internet services, telecommunications equipment, and directory advertising and publishing. In the first quarter of 2004, we began offering satellite television services through our agreement with EchoStar Communications Corp. (EchoStar). These results will be recorded in our wireline segment. We group our operating subsidiaries as follows, corresponding to our operating segments for financial reporting purposes: o wireline subsidiaries provide primarily land and wire based services, o wireless subsidiaries hold our investment in Cingular, which provides primarily radio-wave based services, o directory subsidiaries provide services related to directory advertising and publishing, o international subsidiaries hold investments in primarily foreign entities outside of the U.S., and o other subsidiaries provide primarily corporate operations. Our principal wireline subsidiaries provide telecommunications services in thirteen states: Arkansas, California, Connecticut, Illinois, Indiana, Kansas, Michigan, Missouri, Nevada, Ohio, Oklahoma, Texas, and Wisconsin (13-state area). Wireline local exchange services offered in our 13-state area are provided through regulated subsidiaries which operate within authorized regions subject to regulation by each state in which they operate and by the Federal Communications Commission (FCC). |
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