INDEX Logo Development ..................................................................................................................................pg. 2 Income Statement .....................................................................................................................................pg. 3 History ...........................................................................................................................................................pg. 4-5 Main Objectives ..........................................................................................................................................pg. 6 Balance Sheet ..............................................................................................................................................pg. 7-8 AT&T’s logo throughout history. 1889 This was the origin of the company’s success. When Alexander made the phone and AT&T was just making up the company this was their first logo This was the start of a big beginning. This was when their company was small and was to grow into a huge international monumental company. 1900 This logo was mate in the 1900, this was their second logo and it was a big step because the company was growing at an outrageous rate. They were basically a monopoly. Soon after though their patented idea expired there were many companies like Verizon that joined the field. The government also started to become upset with AT&T because they grew too big and they basically controlled the market. 1969 Through out the years the company sees ways in which they can make their logo simple and more effective. The company was expanding at and they were going through many reformations to go according to the laws. 1984 This logo was made when the company was going through redesigning and they had to make the looks appeal to the people. They also were remaking their company because they needed to stay to par with the competition. Also they needed got split up into 8 different parts to stop their monopoly. This was the logo that it became to be today. 2 INDEX The Income of AT&T AT&T is a huge industry and has a huge amount of assets and also has a large liability number. Yet through these both of these we can find their income. We can also see if AT&T is a profitable or if their income through the years has been going down. To find the income we must go to the balance sheets, also see through history how they have been doing. 140,000,000 120,000,000 100,000,000 80,000,000 2013 2012 60,000,000 2011 40,000,000 20,000,000 0 Gross Profit Net Income Total Revenue From this table we can see that AT&T has grown through out the years. In all of its factors. From 2012- 2013 it took a bigger step than from 2011- 2012, it also means that they are getting more liquid assets. That signifies that they are making more cold hard cash and cash is a companies most valuable asset. It is positive that they are having more revenue every year it shows growth. Plus it shows that they need to have been doing better than in the past. Alexander Graham Bell AT&T’s history can be thought of as progressive telephone company that founded the telephone industry in the US. AT&T started out when two men Gardiner Hubbard and Thomas Sanders decided to invest in Alexander Graham Bell’s. Alexander Bell was born in Edinburgh, Scotland, on March 3, 1847. As a child, young Alexander displayed a natural curiosity about his world, resulting in gathering botanical specimens as well as experimenting even at an early age. Once he got two investors and he invented the telephone. They ran to the get their idea patented. He was a man of great success and brought up ingenuity and technology. He is the founder of the phone and of what we have today. History In the early 1900s, AT&T engaged in businesses that ranged well beyond the national telephone system. Through the Western Electric Company, its manufacturing subsidiary, AT&T affiliated and allied companies around the world manufactured equipment to meet the needs of the world's telephone companies. These firms also sold equipment imported from the United States. By 1914, International Western Electric Company locations included Antwerp, London, Berlin, Milan, Paris, Vienna, St. Petersburg, Budapest, Tokyo, Montreal, Buenos Aires, and Sydney. In 1925, Walter Gifford, newly elevated to the presidency of AT&T, decided that AT&T and the Bell System should concentrate on its stated goal of universal telephone service in the United States. He therefore sold the International Western Electric Company 4 to the newly formed International Telephone and Telegraph Company (ITT) for $33 million in 1925, retaining only AT&T's interests in Canada. Although AT&T retreated from international manufacture, it retained an international presence through its drive to provide global telephone service to customers in the U.S. In 1927, AT&T inaugurated commercial transatlantic telephone service to London using two-way radio. Initially, these calls cost seventy-five dollars (U.S.) each (for three minutes.) Service spread to other countries, both via London and through direct radio links. Radio-telephone service to Hawaii began in 1931, and to Tokyo in 1934. Telephone service via available radio technology was far from ideal: it was subject to fading and interference, and had strictly limited capacity. In 1956, service to Europe moved to the first transatlantic submarine telephone cable, TAT-1. Transpacific cable service began in 1964. Brief History He then made the telephone and a company called the American Bell, from there on the company boomed. During 1899 AT&T bought the assets of American Becoming the parent company. They became the largest American telephone monopoly. The U.S. Department of Justice in 1984 ended up having to break up AT&T into eight different companies. They did this to prevent them from gaining too much power and control of the market. In the 1990’s AT&T purchased several cable communication companies, later in the 1990’s they also purchased many telecommunication companies. They also had some trouble with the government because the government was rewriting the communication policies and it certain areas it became problematic for the company. The following years AT&T would be taking many actions trying to succeed in the changing environment. In 2008 though A&T would cut almost 12,000 jobs because of the economic stresses the company was having. It is still one of the biggest telephone companies in the U.S. Currently AT&T is planning to branch out in to rapidly growing economies in South America. Main Objectives AT&T’s main objectives are to become the biggest cellphone and network company in the USA. Since the government didn’t let them grow to their full potential because they were becoming a monopoly. This allowed other companies to grow and become just as big, like Verizon and other large cellphone retail companies in the US. MISSION AT&T says, “Our mission is to exploit technical innovations for the benefit of AT&T and its costumers by implementing net- generation technologies and network advancements in AT&T’s service operations. http://www.corp.att.com/attlabs/about/mission.html VISION The AT&T global network was born of the ingenuity of AT&T Labs networking specialists who made disparate systems work together. Being the world's fastest and most reliable global network, our network is the standard against which all others are measured. To maintain our leadership in this arena, we focus on the future and aggressively pursue innovations. Our vision is design and create in this decade the new global network, processes, and service platforms that maximize automation, allowing for a reallocation of human resources to more complex and productive work. 6 Balance Sheet Analysis It is visible that through the balance sheet to see that AT&T is growing slowly but its at a constant growth. They are a stable company yet in their liabilities department they are having trouble because for every 1 dollar of liabilities they have 0.50 of assets. So their debt isn’t doing well because they are losing money and they need to figure out how to pay back their debt. But they should be okay because they are such a big company that they can deal with it. It wont hurt them currently, but maybe in the long run it might be hurtful. The thing with AT&T is that they presented a new product in 2013 its called U-Verse. It is where they give a service to their customers that are of all the HD T.V., WIFI and many other programs that are beneficial. So in 2013 their yearly revenue went up quite a lot because many people liked this service that they were being given. It worked out well for AT&T because they were not fairing so well during 2012 they went down. People started getting upset because their stocks weren’t generating enough money. 8