The Corporate Giants of the Earth

American Telephone & Telegraph and International Business Machines are the Brobdingnagians of business and tower over their industries. Both have dominated their fields by sound management, outstanding products and sheer size. Portraits of the two titans:

From its headquarters in New York City, AT&T controls assets of $137 billion, more than those of Exxon, General Motors and U.S. Steel combined, and more than the gross national products of all but 20 nations. A T & T's resources include 24,000 buildings, 177,000 motor vehicles and 142 million telephones, or eight out of every ten phones in the U.S. The company's 1 million employees...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!