| 释义 |
Baby Bells
A common nickname given to the U.S. regional telephone companies that were formed from the breakup of AT&T in 1984, which was done to create more competition within the industry. Investopedia Says:
Upon the initial breakup of AT&T, the Baby Bells included Nynex in New York and New England; Bell Atlantic, BellSouth and Ameritech in the Midwest; and Southwestern Bell, U.S. West and Pacific Telesis in California and Nevada. Over time, however, these companies have gone through several more corporate changes, such as acquisitions and mergers. As a result, the industry has been consolidated into a few domestic telephone providers. For example, in 2000, U.S. West was acquired by Qwest Communications. Related Terms:
Antitrust
Baby Bills
Consolidation Phase
Mergers and Acquisitions - M&A
Monopoly
Price Fixing
Split-Up |