-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 OxSF1Rh/2rrxwTylGoyEzPiEcZMVfMB3SFoRtb3qzH9sbbulE2cTTrKAHlVEu7xC
 9zG/7B77ZTp+XQJhw1HxKQ==

<SEC-DOCUMENT>0000005907-04-000008.txt : 20040106
<SEC-HEADER>0000005907-04-000008.hdr.sgml : 20040106
<ACCEPTANCE-DATETIME>20040106140447
ACCESSION NUMBER:		0000005907-04-000008
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040102
FILED AS OF DATE:		20040106

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			MCHENRY DONALD F
		CENTRAL INDEX KEY:			0001168020

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-01105
		FILM NUMBER:		04509274

	BUSINESS ADDRESS:	
		STREET 1:		1320 19TH STREET, N.W., SUITE 410
		CITY:			WASHINGTON
		STATE:			DC
		ZIP:			20036
		BUSINESS PHONE:		9082217020

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AT&T CORP
		CENTRAL INDEX KEY:			0000005907
		STANDARD INDUSTRIAL CLASSIFICATION:	TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813]
		IRS NUMBER:				134924710
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		ONE AT&T WAY
		CITY:			BEDMINSTER
		STATE:			NJ
		ZIP:			07921
		BUSINESS PHONE:		9082212000

	MAIL ADDRESS:	
		STREET 1:		ONE AT&T WAY
		CITY:			BEDMINSTER
		STATE:			NJ
		ZIP:			07921

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERICAN TELEPHONE & TELEGRAPH CO
		DATE OF NAME CHANGE:	19920703
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>mchenry010204_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<!-- - EDGAR Ease Plus 1.0                                   07/25/03  TT    -->
<ownershipDocument>
    <schemaVersion>X0201</schemaVersion>

    <documentType>4</documentType>
   <periodOfReport>2004-01-02</periodOfReport>
   <notSubjectToSection16>0</notSubjectToSection16>
    <issuer>
        <issuerCik>0000005907</issuerCik>
        <issuerName>AT&amp;T CORP</issuerName>
        <issuerTradingSymbol>T</issuerTradingSymbol>
   </issuer>
   <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001168020</rptOwnerCik>
            <rptOwnerName>MCHENRY DONALD F</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1320 19TH STREET, N.W., SUITE 410</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>WASHINGTON</rptOwnerCity>
            <rptOwnerState>DC</rptOwnerState>
            <rptOwnerZipCode>20036</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
            <reportingOwnerRelationship>
         <isDirector>1</isDirector>
         <isOfficer>0</isOfficer>
         <isTenPercentOwner>0</isTenPercentOwner>
         <isOther>0</isOther>
      </reportingOwnerRelationship>
   </reportingOwner>
 <derivativeTable>
   <derivativeTransaction>
      <securityTitle>
         <value>Phantom Stock Units</value>
      </securityTitle>
      <conversionOrExercisePrice>
         <value>0</value>
            <footnoteId id="F1"/>
      </conversionOrExercisePrice>
      <transactionDate>
         <value>2004-01-02</value>
      </transactionDate>
      <transactionCoding>
         <transactionFormType>4</transactionFormType>
         <transactionCode>A</transactionCode>
         <equitySwapInvolved>0</equitySwapInvolved>
      </transactionCoding>
      <transactionAmounts>
         <transactionShares>
           <value>594.228</value>
         </transactionShares>
         <transactionPricePerShare>
           <value>19.46</value>
         </transactionPricePerShare>
         <transactionAcquiredDisposedCode>
           <value>A</value>
         </transactionAcquiredDisposedCode>
      </transactionAmounts>
      <exerciseDate>
            <footnoteId id="F2"/>
      </exerciseDate>
      <expirationDate>
            <footnoteId id="F2"/>
      </expirationDate>
      <underlyingSecurity>
         <underlyingSecurityTitle>
           <value>AT&amp;T Common Stock</value>
         </underlyingSecurityTitle>
         <underlyingSecurityShares>
           <value>594.228</value>
         </underlyingSecurityShares>
      </underlyingSecurity>
      <postTransactionAmounts>
         <sharesOwnedFollowingTransaction>
           <value>12926.034</value>
         </sharesOwnedFollowingTransaction>
      </postTransactionAmounts>
      <ownershipNature>
         <directOrIndirectOwnership>
           <value>D</value>
         </directOrIndirectOwnership>
      </ownershipNature>
   </derivativeTransaction>
 </derivativeTable>
   <footnotes>
      <footnote id="F1"> Convertible into common stock on a 1 for 1 basis.</footnote>

      <footnote id="F2"> The phantom stock units were accrued under AT&amp;T Deferred Compensation Plan for Non-Employee Directors and are to be settled in cash.</footnote>
   </footnotes>
   <ownerSignature>
      <signatureName>Robert S. Feit, Attorney-in-Fact</signatureName>
      <signatureDate>2004-01-06</signatureDate>
   </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----