Wednesday, November 30, 2005

AT&T Resumes Trading Under "T" Symbol

The new AT&T resumed trading under its legendary "T" symbol on the New York Stock Exchange. The company said its decision to adopt the "T" ticker symbol reflects both the rich heritage of the combined enterprise as well as its commitment to lead the next major shift in communications technology -- the transformation to integrated solutions based on Internet Protocol.

The "T" symbol was used by AT&T Corp. before its acquisition by SBC Communications Inc. AT&T Corp. was a member of the Dow 30 until April 2004. The "T" ticker symbol was first used by American Bell, the predecessor of American Telephone and Telegraph Company, in 1888 on the Boston Stock Exchange. In 1901, American Telephone and Telegraph, which later became AT&T, started trading under the symbol "ATT" on the New York Stock Exchange, and it adopted the "T" symbol in 1930. The "SBC" stock ticker symbol dates back to 1984, following the creation of Southwestern Bell Corporation after divestiture by the original AT&T.

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