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Given how the telephone networks (and the internet, for that matter) are structured, if you want to get a message from Place A to Place Z, all the details of the message (not the content, per se) such as where it originated from and where it's bound are recorded and are passed through a hierarchy of handoffs, any or all of whom may record the call info so as to accurately reconcile intercarrier billing and/or traffic loads.
<Summary is in the last paragraph, if you're not interested in the (simplified) detail>
It begins at your local phone company office. If your call is truly local (like within the same neighborhood), it can stay within the neighborhood's central office and the call detail may or may not be tracked. If you're calling to the next neighborhood over, the call may be trunked directly to that neighborhood's central office, or it may traverse a tandem to which both central offices are connected and which serves as an in/out hub for traffic. In either case, the originating and terminating information now the possibility of having been recored by at least two switches; yours and/or both the tandem and the far end switch.
Here's where it gets to not mattering.
If your call leaves your general area, it needs to get handed up to a carrier (who usually has pipes into the tandem or directly connects to specific central offices, depending on traffic) to provide the inter-city/cross country/international transport. Sometimes your major local phone company provides its own transport. Sometimes the local phone company hands it off to what used to be considered long distance companies. Remember that the newly consolidated RBOCs (AT&T=(SBC=(Ameritech+SNET+Southwestern Bell+PacBell)+BellSouth) and Verizon=(NYNEX+BellAtlantic+GTE+MCI) now own the old long distance carriers ***and*** they also own a lot of the cellular traffic that goes local and long distance.
Qwest is a bit of an oddball, but not really. If you're calling from Minneapolis to St Paul, Qwest would handle the call and could record it as having occurred on both switches. If you're calling from Minneapolis to Denver, Qwest could hand it off to their longhaul trunks and deliver it to the Denver tandem switch, so even though it's all-Qwest, the call information is recorded at your local office, the local tandem, the longhaul switch, the distant-end tandem and the distant end switch. If you're calling from Minneapolis to Atlanta, Qwest may not have direct longhaul facilities to an Atlanta tandem, so they may hand it off to...you guessed it: AT&T or Verizon! At a minimum, it would be recorded Qwest and by BellSouth (aka AT&T) at the distant end, because they get to charge AT&T (which is to say, themselves) for delivering the call.
In any case, these carriers (AT&T, Verizon/MCI, et al.) are presented with the originating and destination information so that they can bill back the locals, whittle down "bundle" minutes or otherwise reconcile and report traffic. *Every* machine that your call goes through will (probably) make a record. And given how networks are engineered for reliability, the specific path, switch owner and number of switches that any two identical calls would go through is virtually impossible to predict for sure in advance.
As to small independent phone companies (non-Bells, like CenturyTel, or one-town little ones) and CLECs or Voice-over-IP providers, they have even less (if any) of their own inter-city/cross-country/international facilities, so they hand they get their traffic up to the RBOC tandem (which is to say, usually AT&T/Verizon) and out to the long haul carriers (which is to say, AT&T/Verizon). Even if a local telco is going through a "no-name" long haul provider, *that* provider may ultimately have their transport deal with AT&T/Verizon. And guess what. In order to reconcile billing, everybody will probably keep (or have ad hoc access to) a record of the call detail as it pertains to their own network or contract obligations.
<Summary>
The consolidation in the local telephone industry over the past few years - and the allowance for them to fold the long distance and cellular businesses into themselves - has made it possible for just two entities (AT&T & Verizon) to have access to virtually every call record of consequence in this country...and beyond. Whether the call is local, regional, coast-to-coast or international, AT&T/Verizon are the physical entry/exit points for the *vast* majority of traffic. And given that these same companies (and their cellular arms) are in the largest cities, even the truly local neighborhood-type call detail can be collected and put in the data mining hopper by just these two companies. Information is power, and by virtue of almost unchecked RBOC consolidation (which looks a lot more nefarious, in hindsight) the bulk of that telephone information power rests with just two companies.
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