Bell Telephone Company companies and to provide further funds for expansion of its overall telephone infrastructure. On April 17, 1880, National Bell was split into the American Bell Telephone Company, led by Theodore Vail as general manager, and with the International Bell Telephone Company (IBTC) as a holding company for its international subsidiaries. IBTC's first non-North American subsidiary was the Bell Telephone Manufacturing Company (BTM), established by Hubbard at Antwerp, Belgium, in 1882. The Bell System's Bell Telephone Company of Canada subsidiary, wholly owned by the National Bell, had been established two years earlier. Alexander Graham Bell's ten shares of Bell Telephone Company
Alexander Graham Bell and served as its president from 1891–92. Bell was later awarded the AIEE's Edison Medal in 1914 "For meritorious achievement in the invention of the telephone". The "bel" (B) and the smaller "decibel" (dB) are units of measurement of power level invented by Bell Labs and named after him. Since 1976, the IEEE's Alexander Graham Bell Medal has been awarded to honor outstanding contributions in the field of telecommunications. In 1936, the US Patent Office declared Bell first on its list of the country's greatest inventors, leading to the US Post Office issuing a commemorative stamp honoring Bell in 1940