The Bell System was the system of companies, led by the Bell Telephone Company and later by AT&T, which dominated the telephone services industry in North America for 100 years from its creation in 1877 until its demise in the early 1980s. The system of companies was often colloquially called Ma Bell (as in "Mother Bell"), as it held a near-complete monopoly over telephone service in most areas of the United States and Canada. At the time of its breakup in the early 1980s, the Bell System had assets of $150 billion (equivalent to $370 billion in 2019) and employed over one million people.
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