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31/12/1983 The AT&T Bell System is broken up by the U.S. Government

26:49

The Communicators: The Breakup of AT&T in the 1980's

The AT&T Bell System was divided into independent companies by a U.S. Justice Department mandate. The Bell System’s many member-companies were variously merged into 7 Regional Bell Operating Companies or so-called Baby Bells. This division reduced the book value of AT&T by approximately 70%.
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