On This Day in Telephone History December 30TH 1899 - To bypass state regulations limiting capitalization, American Telephone and Telegraph (AT&T) purchased its parent, the American Bell Telephone Company, and assumed leadership role of the Bell System.

On This Day in Telephone History December 30TH 1899

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On This Day in Telephone History December 30TH 1899

To bypass state regulations limiting capitalization, American Telephone and Telegraph (AT&T) purchased its parent, the American Bell Telephone Company, and assumed leadership role of the Bell System.

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