AT&T Inc. is one of the largest telecommunications companies in the United States and a global leader in providing mobile and fixed-line telephone services. Founded in 1983, AT&T has grown to become a multinational conglomerate offering services in wireless communications, broadband, digital entertainment, and media. Headquartered in Dallas, Texas, AT&T has played a pivotal role in the development of the telecommunications industry and continues to expand its influence in technology and media sectors.
Over the years, AT&T has evolved from being a traditional telecom provider to a diversified company, investing in emerging technologies such as 5G, fiber-optic broadband, and digital media. The acquisition of WarnerMedia further positioned AT&T as a major player in the entertainment industry, enabling the company to offer an array of media and entertainment services to its customers. As a major contributor to digital transformation, AT&T is continually innovating to provide advanced services and infrastructure for both individuals and businesses.
CEO and Founder of AT&T
AT&T traces its roots back to the American Telephone and Telegraph Company, founded by Alexander Graham Bell in 1885, making it one of the oldest telecommunications companies in the world. However, modern-day AT&T Inc. was officially founded in 1983 following a restructuring of the original company. The company is currently led by John T. Stankey, who took over as CEO in July 2020. Stankey has been with AT&T since 1985 and played a significant role in the company’s growth into media and entertainment, particularly through its acquisition of WarnerMedia. Under his leadership, AT&T continues to focus on its core business of telecommunications while exploring new opportunities in 5G and digital content delivery.
List of Top Companies Under AT&T
AT&T owns and operates several companies and subsidiaries, spanning telecommunications, digital media, and entertainment sectors. Below is a list of some of the top companies under AT&T, including their approximate valuations.
| Company Name | Year Acquired/Founded | Valuation | Industry |
|---|---|---|---|
| WarnerMedia | 2018 (Acquired) | $85 Billion | Media & Entertainment |
| DirecTV | 2015 (Acquired) | $48.5 Billion | Satellite Television |
| Xandr | 2018 (Launched) | $1 Billion | Digital Advertising |
| AT&T Mobility | 2004 (Cingular Rebrand) | $70 Billion | Wireless Communication |
| Cricket Wireless | 2014 (Acquired) | $1.5 Billion | Wireless Communication |
| HBO | 2018 (Part of WarnerMedia) | $20 Billion | Television Network |
| CNN | 2018 (Part of WarnerMedia) | $5 Billion | News Broadcasting |
| Turner Broadcasting System | 1996 (Acquired) | $6 Billion | Television Network |
FAQs About AT&T
Q1: When was AT&T founded?
A: AT&T was originally founded in 1885 as the American Telephone and Telegraph Company by Alexander Graham Bell. The modern AT&T Inc. was established in 1983 after a corporate restructuring.
Q2: Who is the current CEO of AT&T?
A: John T. Stankey is the current CEO of AT&T, having taken over the role in July 2020.
Q3: What are some of the major companies owned by AT&T?
A: AT&T owns several major companies, including WarnerMedia, DirecTV, Xandr, Cricket Wireless, and AT&T Mobility. WarnerMedia includes popular brands like HBO, CNN, and Turner Broadcasting System.
Q4: What is the focus of AT&T’s business?
A: AT&T focuses primarily on telecommunications services such as wireless communication, broadband, and digital entertainment. The company is also involved in media and entertainment through its WarnerMedia subsidiary.
Q5: What is WarnerMedia, and when did AT&T acquire it?
A: WarnerMedia is a media and entertainment conglomerate acquired by AT&T in 2018 for $85 billion. It includes major brands like HBO, CNN, and Warner Bros.
Q6: What is AT&T’s role in the 5G revolution?
A: AT&T is one of the leading telecom companies driving the adoption of 5G technology in the United States, providing faster and more reliable wireless communication services for consumers and businesses.
