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Finance Dictionary and Glossary of Investment Terms
Baby Bells
Definition 1.
A common nickname given to the U.S. regional telephone companies that were formed from the breakup of AT&T in 1984.
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Definition 2.
A name identifying the U.S. regional telephone companies that were created from the breakup of AT&T (Ma Bell) in 1984, when the telecommunications company was split up in order to introduce a more competitive structure to the telecom industry.
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