WHAT IS THE AT&T? (Feb, 1931)
WHAT IS THE AT&T?
All that most people see of the telephone company are a telephone and a few feet of wire.
But through that telephone you can talk with any one of millions of people, all linked together by the web of equipment of the Bell System.
All its efforts are turned constantly to one job—to give better telephone service to an ever-increasing number of people, as cheaply as it possibly can.
The American Telephone and Telegraph Company provides the staff work for the Bell System. To it the operation of the telephone service is a public trust. It pays a reasonable dividend to its stockholders . . . and uses all earnings beyond that to improve and extend the service.
There are more than 550,000 stockholders, and no one person owns so much as one per cent of its stock.
The Bell System operates through 24 regional companies, each one attuned to the needs of its particular territory. In addition, the 5000 members of the Bell Laboratories staff do the scientific work which makes it possible to improve and widen the service at least cost to its users. The Western Electric Company, which manufactures for the Bell System, specializes in the economical production of telephone equipment of the highest quality.
All these facilities are directly available throughout the entire Bell System, at any time or place. . . . Because of them, every dollar that you spend for telephone service brings you constantly greater value and convenience.
AMERICAN TELEPHONE AND TELEGRAPH COMPANY