American Information Technologies Corporation (Ameritech)
American Information Technologies Corporation (Ameritech)
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Product Details
CompanyAmerican Information Technologies Corporation
Certificate Type
Common Stock
Date Issued
April 16, 1984
Canceled
Yes
Printer
American Bank Note Company
Signatures
Machine printed
Approximate Size
12" (w) by 8" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
Ameritech was created as a holding company that owned five former Bell System companies in the Midwest. Under its umbrella were:
- Illinois Bell Telephone Company
- Indiana Bell Telephone Company, Inc.
- Michigan Bell Telephone Company
- Ohio Bell Telephone Company
- Wisconsin Bell, Inc.
For Ameritech's first nine years, it maintained these Bell brands inherited from the Bell System - though public displays of the Bell companies' names were often captioned "An Ameritech Company". In January 1993, Ameritech officially retired the Bell brands and marketed itself with solely the Ameritech name across all five states in its territory. It added "d/b/a Ameritech (state)" to the names of its Bells to communicate brand unity.
Ameritech also owned Ameritech Cellular, a wireless company that operated cellular networks in many of the major cities of these states. Ameritech Cellular was previously called Ameritech Mobile Communications. Ameritech also provided cable television service in select areas as part of the Americast venture with other phone companies during the 1990s.
Ameritech Advanced Data Services (AADS) Network Access Point (NAP) was one of the original four National Science Foundation exchange points in the United States starting in 1994. AADS was a Tier 1 network Internet Exchange Point in Chicago, Illinois that provided service to higher education and research networks via a program called Star TAP and commercial networks. After the merger with SBC, AADS did business as the SBC Network Access Point or SBC/AADS NAP.
Prior to its merger with SBC Communications, Ameritech's corporate headquarters were in a leased space above the Chicago Mercantile Exchange on floors 34 through 39 of 30 S. Wacker Dr, Chicago. Further corporate offices were located at 225 W Randolph St, Chicago (formerly "The Illinois Bell Building") and 2000 W. Ameritech Center Drive, Hoffman Estates). It was traded on the NYSE under the "AIT" symbol.
Merger with SBC Communications
In May 1998, Ameritech announced its intent to merge with SBC Communications. This brought great concern to Federal and state regulators, who in turn didn't approve the merger until SBC and Ameritech agreed to several conditions to ensure adequate competition. Most notably, regulators required:
- that the merged company offer local phone service in thirty markets outside of its home territory within thirty months of the merger (i.e. by April 2002) or pay a $1.18B penalty,
- and that Ameritech Cellular assets in Chicago be sold to GTE. Since SBC already had a majority stake in a large mobile provider (Cellular One), the merged company, if it were to operate Ameritech Cellular and Cellular One both in the same market, would have wielded too much market power.
SBC and Ameritech officially merged on October 8, 1999. Prior to the merger, Ameritech's Chairman and CEO was Richard Notebaert, who later (in 2002) became CEO of competitor Qwest.
The end of the Ameritech name
On January 15, 2003, SBC Communications changed its d.b.a. names, changed the legal name of Ameritech Corp. to SBC Teleholdings, Inc., which began doing business as SBC Midwest. On January 15, 2006, d.b.a names were again changed to align with SBC's assumption of the AT&T brand identity following its acquisition of AT&T Corp. the previous year, and Ameritech was again renamed, becoming AT&T Teleholdings, Inc. and began doing business as AT&T Midwest.
Several Ameritech subsidiaries remain legally named "Ameritech", such as Ameritech Advanced Services; however, they do business as "AT&T Advanced Solutions".
In 2006, the holding companies Pacific Telesis and Southern New England Telecommunications were legally merged into AT&T Teleholdings. The company then became a holding company for Pacific Bell (and its subsidiary Nevada Bell) and Southern New England Telephone.
Related Collections
Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.
FAQ
Are the certificates offered on your site genuine or reproductions?
All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only.
Are the images presented in your product listings of the exact piece I will receive?
It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.
How will you ship my order and how much do you charge?
We ship all orders via the United States Postal Service. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
Can I return my purchase?
Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
Shipping Information
If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!
We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
OVERSEAS ORDERS PLEASE NOTE THAT WE DECLARE FULL ORDER VALUE ON ALL SHIPMENTS. CUSTOMER IS RESPONSIBLE FOR ALL VAT/CUSTOMS CHARGES.
Returns
Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, we’ll help you get it sorted in a timely and professional manner.
You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.