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Financial State Of The At & T Company

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Abstract This paper aims to examine the financial state of the AT&T Company. Through the analysis of comprehensive and consolidated financial statements, it appears that AT&T is in a ___ financial position. This is also supported through investigating the trends and variations in the financial statements and looking at a competitive and economic analysis. A SWOT analysis was also conducted to focus on the internal and external characteristics of AT&T and an industry analysis was conducted to assess the market share and how AT&T is performing relative to its competition. Financial Analysis AT&T History AT&T is an American multinational telecommunications corporation headquartered in Whitacre Tower, Dallas, Texas, United States. It is the second largest provider of mobile telephony and fixed telephony in the United States, and is also a provider of broadband and subscription television services (The Story of Ma Bell, 2001). AT&T was founded in 1877 by Alexander Graham Bell, following his invention of the telephone. Bell and his financial backers formed the Bell Telephone Company which was incorporated as a subsidiary of AT&T in 1885. In 1984, through an agreement between AT&T and the U.S. Department of Justice, AT&T agreed to separate from its local telephone operations but maintain its long distance, R&D, and manufacturing arms (AT&T Company Information, 2015). SBC (Southwestern Bell Corp) was born out of this agreement. In 2005, SBC
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