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Just a note on the AT&T mention. The spin-off of the Regional Bell Operating Companies (RBOCs) was only part of the AT&T breakup. Phone sets and the nascent c
by onecommentman 6y ago
Just a note on the AT&T mention. The spin-off of the Regional Bell Operating Companies (RBOCs) was only part of the AT&T breakup. Phone sets and the nascent computer business were spun off as American Bell. Eventually the Long Lines part of AT&T split from the Western Electric equipment manufacturing portion during a series of organizational convulsions.
https://en.wikipedia.org/wiki/Breakup_of_the_Bell_System https://en.wikipedia.org/wiki/Breakup_of_the_Bell_System
Facebook is an order of magnitude smaller in employee base than the post-breakup AT&T, no hardware manufacturing, no regulatory wing, little presence of employees nationwide, a small customer base in the US as compared to every single person in the US, no defense presence or requirements, no lifeline requirements, no public safety regulations, very limited to no legal liability. It’s a toy company compared to the old AT&T. And they broke up AT&T...