Wednesday, September 24, 2008

INTRO/HISTORY/CEO

AT&T Inc. has become the worlds leading telecommunications provider for consumers and businesses through out the United States and Internationally. The reason for AT&Ts popularity is because it provides a large amount of services that most of the other telecommunication companies can not. They have recently bought out the wireless tycoon, Cingular Wireless, which is now known as AT&T wireless. The company now provides wireless services, as well as long distance, prepaid, and post paid service plans. After buying out Cingular Wireless the company had opened an avenue into the sales of cell phone accessories, as well as personal computer wireless data cards. On top of all that, AT&T also offers a wide range of internet services that can be used inside the average house hold to conference meeting being held overseas. These services can range from your basic dial up to DSL/broadband, and WiFi. With the expansion of the company’s services and growth within the telecommunication services the company has become the highest ranked phone service in the industry.

SOCIAL AND ETHICAL RESPONSIBILITIES

AT&T has a proud heritage of corporate social responsibility that will continue to be an integral part of the company's future.
AT&T and its employees are committed to enriching and strengthening the communities they serve through financial support and volunteerism.
AT&T governance practices require honest and ethical conduct in all of its business operations.A Promise to Do What Is RightAT&T Inc. is committed to the highest standards of ethics, integrity, personal and corporate responsibility and adherence to laws and regulations that govern our business.
AT&T's Code of Business Conduct provides basic guidelines that help employees make responsible and ethical decisions. At least once a year, employees must sign an acknowledgement that they have read and understand the code. Violations are considered a serious matter and may result in disciplinary action, including dismissal.

RISK AND SECURITY MANAGEMENT

AT&T selected the Founding Enterprise Risk Solutions from Founderstone Inc. The company deployed the Founderstone Enterprise solution across multiple locations on multiple networks and over 400,000 live devices. The AT&T security team reports that the systems are operating well.

In 1984, AT&T and U.S. Department of Justice agreed to strip the company of its local telephone services and maintain its long distance and manufacturing operations within the company. AT&T was striped of its local telephone services due to its monopoly growth within the industry. Once AT&T could no longer provide its local services to it customers it branched out and created the company SBC Communications, which was formally, know as Bell South.


"In 1996, the Telecommunications Act was passed by congress which triggered a ripple effect though out the phone industry. Once this Act was passed it gave telecommunication companies the endless possibilities of growth with very little boundaries. In 1996, SBC Communications Inc. established itself as a global communications provider by acquiring the following companies, Pacific Telesis Group, Southern New England Telecommunication, and Ameritech. In 2005, SBC Telecommunications Corporation bought out AT&T, revamping AT&T internally and externally. After AT&T finalized its merger with Bell South and unifying the ownership between Cingular Wireless and yellowpages.com in 2006, AT&T became the world’s leader in the telecommunication industry. " News Release


What made the growth of AT&T so successful was their newly appointed CEO and Principal Accounting Officer, R. Randall L. Stephenson. Randall Stephenson graduated with a B.S. from the University of Central Oklahoma
and his received his M.B.A. from the University of Oklahoma. Before he was appointed CEO of SBC Communications, Mr. Stephenson was the company’s Senior Vice President and Chief Financial Officer from 2000 t0 2004. From 1996 to 1999, Mr. Stephenson had been the Controller of SBC. Stephenson has also been the Director of Cingular Wireless Corporation till October of 1999. He than went on to be the Manager of Cingular Wireless Lic., till 2001 where he than served as chairman from 2003 to 2004.

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