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What is Southern New England Telecommunications mean?
Southern New England Telecommunications Corporation (SNET) started operations in 1986 as the holding company for The Southern New England Telephone Company. Prior to 1986, The Southern New England Telephone Company had been a minority holding of AT&T until February 1986, when AT&T withdrew its 23% holding. SNET then became its own company, operating a telecommunications sales division, Sonecor Systems Division, which began operations on January 1, 1983, and sold equipment in competition with AT&T before the Bell System divestiture. SNET also operated SNET America, which sold long-distance services to Southern New England Telephone customers within Connecticut.
Under threats of a hostile takeover, Southern New England Telephone underwent a restructuring in 1986, creating Southern New England Telecommunications as the holding company of SNET and its related businesses.
Southern New England Telecommunications was acquired by SBC Communications in 1998.
SNET Corporation was merged into AT&T Teleholdings, formerly Ameritech, in 2006 and ceased to exist.
referencePosted on 27 Sep 2024, this text provides information on Miscellaneous in Computing related to Computing. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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