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.
35:38
forum Ask episode
web_stories AI Snips
view_agenda Chapters
menu_book Books
auto_awesome Transcript
info_circle Episode notes
question_answer 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.
insights 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.
question_answer 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.
Get the Snipd Podcast app to discover more snips from this episode
Peter Temin and Louis Galambos's, 'The Fall of the Bell System' provides an extensive analysis of the factors that led to the decline and breakup of AT&T. The authors examine the technological changes, regulatory shifts, and competitive pressures that challenged AT&T's dominance. They delve into the internal dynamics of the company and the external forces that shaped its fate. The book explores the policy decisions, market conditions, and legal battles that ultimately led to the dismantling of the Bell System. Temin and Galambos offer insights into the broader implications of this event for the telecommunications industry and the American economy. The book explores the rise of competition and deregulation in the telecommunications market.
End of the Line, The Rise and Fall of AT&T
aperçu statistique de 10 années de coopération
Leslie Kauley
Leslie Cauley's, 'End of the Line' provides a detailed narrative of the rise and fall of AT&T, from its origins as the Bell Telephone Company to its breakup in the 1980s. Cauley examines the key events, decisions, and personalities that shaped AT&T's history and its dominance of the telecommunications industry. The book explores the company's culture, strategies, and relationships with regulators and competitors. It delves into the antitrust case brought against AT&T and the factors that led to its eventual settlement. Cauley offers insights into the legacy of AT&T and its impact on the development of the modern telecommunications landscape. This book explores the impact of the breakup on the industry and the rise of new technologies.
After almost a century of controlling the telecommunications industry in the United States, AT&T’s dominance is threatened by new competition. It’s a challenge that “Ma Bell” has weathered before, but this time is different—the political climate has changed, and the powerbrokers in Washington, DC no longer have AT&T’s back.
Listen to Business Movers on the Wondery App or wherever you get your podcasts. Experience all episodes ad-free and be the first to binge the newest season. Unlock exclusive early access by joining Wondery+ in the Wondery App, Apple Podcasts or Spotify. Start your free trial today by visiting https://wondery.com/links/business-movers/ now.