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RE: LeoThread 2024-11-22 12:08

in LeoFinance3 months ago

Part 9/11:

The Kingsbury Commitment in 1913 marked a pivotal moment, outlining AT&T’s future commitments while allowing continued acquisitions in non-competing areas. The regulatory environment began to shift, paving the way for greater controls over service provision and establishing a framework for a monopolistic telecommunication standard.

The Final Years of Consolidation and Universal Service

With renewed capital and a more streamlined organization, AT&T began acquiring independent companies, facilitating the integration of the burgeoning telecommunications landscape. Vail announced plans for "Universal Service," emphasizing the company’s readiness to deliver consistent quality across its network.