RBOC

RBOC definition - finance
Regional Bell Operating Companies, which were created when the AT&T Corp. telephone monopoly was broken up in 1983. After a series of mergers following the break up of AT&T, four RBOCs remain: BellSouth Corp., Qwest Communications International Inc., SBC Communications Inc., and Verizon Communications Inc.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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