Historical Phone Company Financials

The companies listed on this site were either owned or associated with the American Telephone & Telegraph Company (AT&T), or better known as the Bell System.  Also listed are GTE (General Telephone & Electronics Corporation) Annual Reports, though not part of the Bell System,

GTE was the largest independent non-Bell Telephone Company in America, and merged with Bell Atlantic in 2000 to form Verizon Communications.

Exact historical time lines on how these various enterprises are associated are located throughout this site, however, a general timeline is provided for your convenience.

This site offers one of the most complete historical archives available for American and Canadian telephone company annual reports.

Historical Dividend Data: (click link below)

1956

As a result of a 1949 U.S. Department of Justice antitrust suit against AT&T, the company is ordered to divest all international operations, and is not allowed to market computer technology and must focus only on the national phone network.  AT&T is still allowed to retain ownership in Bell Telephone Company of Canada, however AT&T’s Western Electric unit is forced to sell the stake held in Northern Electric (later to become Nortel), to Bell Telephone of Canada.  AT&T is also no longer permitted to purchase any new shares in Bell Telephone Company of Canada.


1975

Termination of AT&T’s service agreement with Bell Canada, and to the subsequent relationship between the two companies.


1976

Northern Electric changes its name to Northern Telecom.


1982

AT&T agrees to divest itself of their 22 Bell Operating Companies (BOC), and retain long distance, research and manufacturing.


1983

AT&T reorganizes the 22 BOC’s into seven holding companies; USWest, NYNEX, Pacific Telesis, Ameritech, Bell Atlantic, BellSouth, Southwestern Bell (Later to become SBC Communications). AT&T itself will keep Bell Laboratories, Western Electric and Long Lines.


1984

The BOC’s are broken off from AT&T and are now independent.


1990

AT&T officially changes its legal name from American Telephone & Telegraph Company to AT&T Corporation, reflecting the change in telecommunications.


1991

AT&T purchases NCR Corp.


1994

AT&T purchases McCaw Cellular, and enters the wireless market as AT&T Wireless.


1995

AT&T Announces that will split into three distinct businesses: AT&T, a communications company; Lucent Technologies, former Western Electric and AT&T Network Systems business; and the NCR computer business.  By 1996, all businesses are independent of each other.


1996

Bell Atlantic merges with NYNEX, and NYNEX name is dropped.


1997

Pacific Telesis is acquired by SBC Communications.


1998

Ameritech is acquired by SBC Communications.


1998

Northern Telecom changes its name to Nortel Networks.


1999

AT&T Corporation acquires assets of Tele-Communications, Inc. (TCI), and renames business new business unit AT&T Broadband LLC.


2000

Bell Atlantic merges with non-Bell company GTE, and the combined company is called Verizon Communications.


2000

USWest is acquired by Qwest Communications.


2000

Lucent Technologies spins off their Business Communications and connectivity solutions unit, creating Avaya; the Microelectronics Group, renamed agere; and sells off the Consumer Products Group to VTECH Holdings, which assumes the exclusive rights to use the AT&T name on consumer phone products.


2000

Cingular Wireless is founded by SBC Communications and BellSouth, with SBC controlling 60% and BellSouth the remaining 40% of the venture.


2000

AT&T Wireless becomes a separate company from AT&T Corporation, but still retains the AT&T name under licensing agreement with AT&T Corporation.


2001

AT&T Broadband and Comcast Corporation merge, creating AT&T Comcast Corporation.


2004

Cingular Wireless acquires AT&T Wireless, and the combined company takes on the Cingular name.


2005

SBC Communications acquires AT&T Corporation, and becomes the “New” AT&T (at&t), which is really SBC Communications, and is now AT&T, Inc.  AT&T Corporation, (the original AT&T, or within AT&T is called “legacy AT&T”), still exists, as a subsidiary.


2006

Lucent Technologies merges with Alcatel.


2006

agere is acquired by LSI Corporation.


2006

Verizon acquires MCI Inc.


2006

SBC Communications acquires BellSouth, and consolidates the Cingular and yellowpages.com venture under the AT&T (at&t) name.


2007

Avaya is acquired by TPG Capital and Silver Lake Partners.


2009

Nortel Networks files for protection from their creditors, and is divesting the entire business.  Avaya purchases Nortel Enterprise Solutions.


2011

Qwest Communications acquired by CenturyLink.


2011

AT&T to Acquire T-Mobile USA From Deutsche Telekom. (Rejected by DOJ)


2011

Avaya announces they will become a publicly traded company again.


2012

AT&T sells Yellow Pages business to Cerberus


2013

AT&T acquires Leap Wireless (Cricket).


2014

AT&T acquires lusacell (Mexico).


2015

AT&T acquires Nextel Mexico.


2015

AT&T acquires DirecTV.


2015

Verizon acquires AOL.


2016

CenturyLink acquires Level 3 Communications, Inc..


2017

  • Verizon acquires YAHOO!
  • Verizon acquires merges YAHOO! and AOL to create new subsidiary called Oath Inc.
  • Verizon replaces the oath brand with Verizon Media

2018

  • AT&T acquires AppNexus Inc. (Merged with Xandr, Inc. business unit)
  • AT&T acquires Time Warner, Inc. (Renames unit Warner Media, LLC)

2020

CenturyLink changes name of company to Lumen Technologies, Inc.


2021

Verizon sells Verizon Media to Apollo Global Management.


2021

AT&T & TPG Close DIRECTV Transaction.


2020

Apollo Global Management acquires Lumen Technologies incumbent local exchange carrier (ILEC) operations in 20 states.


2022

AT&T spins off Warner Media, LLC and merges with Discover, Inc. to become Warner Bros. Discovery, Inc.


1888 The American Bell Telephone Company Annual Report (Missing from Archives)

  • 1910 AT&T Annual Report (coming soon)

  • 1914 AT&T Annual Report (coming soon)

  • 1915 AT&T Annual Report (coming soon)

  • 1916 AT&T Annual Report (coming soon)

  • 1917 AT&T Annual Report (coming soon)

  • 1918 AT&T Annual Report (coming soon)

  • 1919 AT&T Annual Report (coming soon)

  • 1920 AT&T Annual Report (coming soon)

  • 1921 AT&T Annual Report (coming soon)

  • 1922 AT&T Annual Report (coming soon)

  • 1923 AT&T Annual Report (coming soon)

  • 1924 AT&T Annual Report (coming soon)

  • 1925 AT&T Annual Report (coming soon)

  • 1926 AT&T Annual Report (coming soon)

  • 1927 AT&T Annual Report (coming soon)

  • 1928 AT&T Annual Report (coming soon)

  • 1929 AT&T Annual Report (coming soon)

  • 1930 AT&T Annual Report (coming soon)

  • 1931 AT&T Annual Report (coming soon)

  • 1932 AT&T Annual Report (coming soon)

  • 1933 AT&T Annual Report (coming soon)

  • 1934 AT&T Annual Report (coming soon)

  • 1935 AT&T Annual Report (coming soon)

  • 1936 AT&T Annual Report (coming soon)

  • 1937 AT&T Annual Report (coming soon)

  • 1938 AT&T Annual Report (coming soon)

  • 1939 AT&T Annual Report (coming soon)

  • 1940 AT&T Annual Report (coming soon)

  • 1941 AT&T Annual Report (coming soon)

  • 1942 AT&T Annual Report (coming soon)

  • 1945 AT&T Annual Report (coming soon)

  • 1946 AT&T Annual Report (coming soon)

  • 1947 AT&T Annual Report (coming soon)

  • 1948 AT&T Annual Report (coming soon)

  • 1949 AT&T Annual Report (coming soon)

  • 1954 AT&T Annual Report (coming soon)

  • 1955 AT&T Annual Report (coming soon)

  • 1956 AT&T Annual Report (coming soon)

  • 1957 AT&T Annual Report (coming soon)

  • 1958 AT&T Annual Report (coming soon)

  • 1959 AT&T Annual Report (coming soon)

  • 1960 AT&T Annual Report (coming soon)

  • 1961 AT&T Annual Report (coming soon)

  • 1962 AT&T Annual Report (coming soon)

  • 1963 AT&T Annual Report (coming soon)

  • 1964 AT&T Annual Report (coming soon)

  • 1965 AT&T Annual Report (coming soon)

  • 1967 AT&T Annual Report (coming soon)

  • 1968 AT&T Annual Report (coming soon)

  • 1969 AT&T Annual Report (coming soon)

1980 AT&T Annual Report

  • 1984 AT&T Annual Report (First annual report post-Bell System) [January 1, 1984 was new beginning for AT&T, and the newly formed seven Bell Operating Companies (BOC’s); Bell Atlantic Corporation, BellSouth Corporation, NYNEX Corporation, Pacific Telesis Group, Southwestern Bell Corporation, and US WEST. Inc.]

1997 Bell Atlantic Annual Report

1998 GTE Annual Report

2000 Verizon Annual Report

2000 Annual Report, Lucent Technologies

2004 Annual Report, Avaya Communication

2004 10K Statement, agere Systems Inc

2006 Verizon Annual Report

2013 CenturyLink Annual Review and CEOs Message

2013 Verizon Annual Report

2014 Avaya Inc. 10-K

2014 Bell Canada Enterprises Annual Report

2014 CenturyLink Annual Review and CEOs Message

2017 Verizon FORM 10-K

All financial reports listed on this site listed as “Coming Soon” are in the Bell Archives, but have not been digitally scanned and converted. Please be patient with us, as it takes time to convert these documents.


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