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As a result, AT&T was shielded from competition and business pressure. It had the liberty to take however much time and money to do research and innovation in a non competitive environment. However, AT&T regulated monopoly ended in the early 1980s when changes in the telecommunications industry led to an "antitrust suit by the US government against AT&T." As a result, AT&T and Bell system broke up into 8 companies.
With the AT&T and Bell System breakup, AT&T was faced with a new environment different from where it was accustomed to. In the past, when AT&T functioned as a regulated monopoly it had the privilege to use time however long it takes to perform technological research to provide new services and adapt to the changing needs of its customers...
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