Publications
Publications
- February 1984
- HBS Case Collection
AT&T Co.--1983
Abstract
Describes the financing problems facing AT&T in 1983 prior to divestiture of the local telephone operating companies on Jan. 1, 1984. Leads up to the decision to issue equity, which AT&T did in early 1983 and which reduced AT&T's market value by $2 billion. The case is intended to illustrate the signalling process involved.
Keywords
Citation
Greenwald, Bruce C. "AT&T Co.--1983." Harvard Business School Case 284-047, February 1984.