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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0000005907-05-000029.txt : 20050124
<SEC-HEADER>0000005907-05-000029.hdr.sgml : 20050124
<ACCEPTANCE-DATETIME>20050124125947
ACCESSION NUMBER:		0000005907-05-000029
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20050120
FILED AS OF DATE:		20050124
DATE AS OF CHANGE:		20050124

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			POLUMBO JOHN
		CENTRAL INDEX KEY:			0001197603

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-01105
		FILM NUMBER:		05543767

	BUSINESS ADDRESS:	
		STREET 1:		340 MT KEMBLE AVENUE
		CITY:			MORRISTOWN
		STATE:			NJ
		ZIP:			07962
		BUSINESS PHONE:		9733265300

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>polumbo012005_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2005-01-20</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000005907</issuerCik>
        <issuerName>AT&amp;T CORP</issuerName>
        <issuerTradingSymbol>T</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001197603</rptOwnerCik>
            <rptOwnerName>POLUMBO JOHN</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>25 GREENWOOD COURT</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>ORINDA</rptOwnerCity>
            <rptOwnerState>CA</rptOwnerState>
            <rptOwnerZipCode>94563</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>EVP &amp; Pres. &amp; CEO - AT&amp;T Cons.</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Performance Shares</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <footnoteId id="F2"/>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2005-01-20</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>4101</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <value>2005-02-01</value>
            </exerciseDate>
            <expirationDate>
                <value>2005-02-01</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>AT&amp;T Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>4101</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4101</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">From Company's 2002-4 performance cycle payable 50% cash, 50% stock on 2/1/05.</footnote>
        <footnote id="F2">Convertible into AT&amp;T Common Stock on a one-for-one basis.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/  John W. Thomson, Attorney-in-Fact</signatureName>
        <signatureDate>2005-01-24</signatureDate>
    </ownerSignature>
</ownershipDocument>

</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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