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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Jan 26, 1982
Page
8
AT&T plans a shift from its telephone monopoly into data processing cable TV and electronic information systems. The breakup would spin off 22 local units, keep Bell Labs and Western Electric, and form a separate Baby Bell to pursue new high tech ventures.
AT&T plans to leverage Western Electric manufacturing and its long distance network to enter the computer and data services arena. The antitrust settlement, still under review, could curb rivals while AT&T pursues computer terminals, two way home computers, and coast to coast video conferencing, potentially rivaling IBM in the growing information industry.
Bell Laboratories has produced more than 19 500 patents since 1925 and helped create the transistor laser and digital computer. The antitrust settlement will let AT T profit from discoveries in unregulated fields, expanding research horizons and attracting top scientists.
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