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Armstrong's most well known approach was buying substantial cable tv assets. Soon after obtaining John Malone's TCI and Media A single (gaining through the latter a 25% share of Time Warner Cable), AT&T was the most important provider of cable television in the world.[ten] It meant to use these belongings to bridge the so-referred to as "very last mile" and break the Regional Bell Firms' entry-monopoly of The patron household for knowledge and telephony expert services, but the wager was pricey, considerably increasing the corporation's credit card debt.
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Also included in the Kingsbury Motivation was the requirement link that AT&T permit rivals to connect via its phone traces, which diminished the inducement of those providers to construct competing prolonged-distance lines.[who?]
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