AT&T, once a dominant force in American business, has seen a decline in its status in recent years. Despite being a major player in the 20th century, providing essential telephone services and infrastructure, AT&T now ranks much lower compared to tech giants like Amazon and Apple. The company played a crucial role in transforming American life by connecting people through the telephone, pushing for universal access and constantly innovating its technology. Over time, AT&T faced antitrust lawsuits and competition from other companies like MCI, ultimately leading to its decentralization. While still investing in infrastructure, AT&T no longer holds the same power it once did.
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