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Armstrong's most outstanding tactic was getting substantial cable television belongings. Immediately after buying John Malone's TCI and Media A single (getting from the latter a twenty five% share of your time Warner Cable),[citation required] AT&T was the biggest company of cable television on the planet. It intended to use these assets to bridge the so-known as "very last mile" and split the Regional Bell Businesses' accessibility-monopoly of The customer residence for details and telephony products and services, nevertheless the wager was high-priced, considerably raising the company's financial debt.
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Following divestiture, AT&T Corp. was prohibited from utilizing the Bell name or symbol (Together with the notable exception of AT&T's Bell Laboratories) and people emblems which would be shared with the RBOCs and The 2 providers AT&T partially owned.
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AT&T undertook An important reorganization in October 2000, moving its cell phone and broadband units into independent providers, to allow Each individual device to lift capital independently.
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