Business Movers

Breaking Bell | The Decision to Decide | 1

8 snips
Jun 26, 2025
AT&T faces looming threats as an antitrust lawsuit from the Department of Justice puts its dominance at risk. The podcast shares a tense moment when CEO John DeButts learns about the legal challenge. It explores AT&T's evolution since its founding, its corporate struggles amid increased competition from MCI, and the risky decision to cut access to its network. This battle between an established giant and an innovative competitor highlights the dramatic shifts in the telecommunications landscape during the 1970s.
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ANECDOTE

John DeButts Shocked By DOJ Lawsuit

  • John DeButts was shocked when the DOJ filed an antitrust lawsuit against AT&T without warning.
  • He felt betrayed by the government, which had previously supported AT&T's monopoly.
INSIGHT

AT&T Monopoly Formation

  • AT&T evolved into a massive monopoly by acquiring competitors and controlling both equipment and services.
  • This made the Bell system dominate US telecommunications for almost a century.
ANECDOTE

AT&T Execs Frustrated With Delay

  • At a 1972 AT&T conference, local executives urged John to combat MCI's incursion aggressively.
  • John promised a plan but was seen as delaying action, frustrating his team.
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