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breakup of the Bell System

1982 demerger in the US telephony market

en-GB/ˈbɹeɪkʌp əv ðə ˈbɛl ˈsɪstəm/
en-US/ˈbɹeɪˌkʌp ʌv ðə ˈbɛl ˈsɪstəm/

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telephone companydemerger