Nationalized companies are owned by the state. AT&T had/has private shareholders.
2) Control
With ownership comes control. The U.S. government granted AT&T a conditional monopoly. In the early 20th century it was in exchange for extending service across the nation. Mid-20th century for defense work.
Aside from these conditions the U.S. government did not exert control on AT&T's operations.
>Nationalized companies are owned by the state. AT&T had/has private shareholders.
I feel like this is being pedantic. While there are shareholders, taxpayers have funded the infrastructure and are paying for it in the form of tax breaks.
Nationalized companies are owned by the state. AT&T had/has private shareholders.
2) Control
With ownership comes control. The U.S. government granted AT&T a conditional monopoly. In the early 20th century it was in exchange for extending service across the nation. Mid-20th century for defense work.
Aside from these conditions the U.S. government did not exert control on AT&T's operations.