In 1997, AT&T hired previous IBM govt C Michael Armstrong as its chief executive officer. Armstrong's eyesight was to alter AT&T from the long-length provider into a global "telecommunications grocery store", eying World-wide-web products and services for the booming dot-com business.
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" A critical outcome of this was to ban AT&T from marketing desktops Regardless of its key position in electronics investigation and growth. Nonetheless, technological innovation continued. Such as, AT&T commissioned the very first experimental communications satellite, Telstar I in 1962.
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S. telecom business by means of the Telecommunications Act of 1996, NCR was divested once again. Concurrently, many AT&T Technologies and the renowned Bell Labs was spun off as Lucent Technologies. The marketplace in general experienced a number of other reorganizations since the 1990s, both equally as a result of deregulation and because of technological innovations minimizing demand from customers and pricing energy in telecommunications.
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