Southern New England Telecommunications
- Southern New England Telecommunications
Infobox_Company
company_name = Southern New England Telecommunications Corporation
company_
company_type = Private (subsidiary of AT&T Inc.) [cite web |url=http://investing.businessweek.com/research/stocks/private/snapshot.asp?privcapId=304178 |title=Southern New England Telecommunications Corp.: Private Company Information - BusinessWeek |accessdate=2008-09-08]
company_slogan =
foundation = 1986
location = New Haven, CT, USA
key_people =
industry = Telecommunications
num_employees =
products = Local Telephone Service
revenue =
parent = SBC Communications/AT&T Inc. (1998-present)
Southern New England Telecommunications Corporation started operations in 1986 as the holding company for The Southern New England Telephone Company. Prior to 1986, The Southern New England Telephone Company had been a minority holding of AT&T until February 1986, when AT&T withdrew its 23% holding. SNET then became its own company, operating a telecommunications sales division, Sonecor Systems Division, which began operations on January 1, 1983 and sold equipment in competition with AT&T before the Bell System divestiture. SNET also operated SNET America, which sold long distance services within Connecticut.
Under threats of a hostile takeover, Southern New England Telephone underwent a restructuring in 1986, creating Southern New England Telecommunications as the holding company of SNET and its related businesses.
Southern New England Telecommunications was acquired by SBC Communications in 1998.
SNET Corporation currently does business as AT&T East.
References
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2010.
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