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
History of the telephone designed and built the world's first switchboard for commercial use. Coy was inspired by Alexander Graham Bell's lecture at the Skiff Opera House in New Haven on 27 April 1877. In Bell's lecture, during which a three-way telephone connection with Hartford and Middletown, Connecticut, was demonstrated, he first discussed the idea of a telephone exchange for the conduct of business and trade. On 3 November 1877, Coy applied for and received a franchise from the Bell Telephone Company for New Haven and Middlesex Counties. Coy, along with Herrick P. Frost and Walter Lewis, who provided the capital, established the District