From Wikipedia, the free encyclopedia
US telecom company
The Southern New England Telephone Company
(commonly referred to as
SNETCo
by its customers), doing business as
Frontier Communications of Connecticut
, is a
local exchange carrier
owned by
Frontier Communications
.
History
[
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]
It started operations on January 28, 1878, as the District Telephone Company of
New Haven
.
[1]
It was the founder of the first telephone exchange, as well as the world's first telephone book. Since its inception, SNET has held a monopoly on most of the telephone services in the state of Connecticut; the only remaining exceptions are the
Greenwich
and
Byram
exchanges where
Verizon New York
provides telephone service.
[2]
SNET and
Cincinnati Bell
were the only two companies in the old
Bell System
in which
the old AT&T
only held a minority stake; by 1983, AT&T's stake was only 19.6 percent. Therefore, both were considered independents rather than
Bell Operating Companies
.
Sale to SBC
[
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]
SNET was purchased for $4.4 billion in 1998 by SBC Communications, which subsequently purchased the old AT&T, taking its name as the "new" AT&T. Under AT&T, SNET was known as
AT&T Connecticut
.
In 2006, AT&T merged the operations of SNET into
AT&T Teleholdings
, formerly Ameritech, making it a subsidiary of the latter.
On June 1, 2007, the operations of
Woodbury Telephone
were merged into SNET.
Sale to Frontier
[
edit
]
On October 24, 2014,
Frontier Communications
completed its purchase of AT&T's Connecticut operations, including Southern New England Telephone and
SNET America
, for $2 billion.
[3]
The company began doing business as
Frontier Communications of Connecticut
. It is the second former unit of the
Bell System
to be acquired by Frontier, the first being
Frontier West Virginia
(originally C&P Telephone of West Virginia) which was purchased from
Verizon
in 2010.
See also
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External links
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References
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Local telephone companies still extant
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Wholly owned
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Partially owned
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Other subsidiaries
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Manufacturing
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Research
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Long distance
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Wireless
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Regional Bell companies
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First generation
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1929
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1956
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1975
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1984
Divestiture
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1991?1993
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1996
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1997
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2001
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2003
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Second generation spinoffs
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