Business segments: Long distance, Internet, and voice and data services.
Size: $30.5 billion in revenue in 2004.
Financials: For all of 2004, AT&T reported a net loss of $6.11 billion, or $7.68 per share, including $12.8 billion in charges for the asset writedowns and other restructuring moves.
Employees: 61,600 worldwide as of 2003.
What it means for consumers: If you're using AT&T long-distance at home, you can keep them as your long-distance provider. While AT&T is letting that business dwindle _ and SBC has no plans to change that policy _ "We don't abandon customers," said Jim Byrnes, an AT&T spokesman.
AT&T said last summer that it would stop advertising to consumers, a marked change from the days when it would send $75 checks to homes to entice consumers to drop competitors, such as Sprint Corp., and return to AT&T.