I think you will find that most North American T1 carriers utilize mu law companding. The nature of T1 being 8 bit sampled at 8KHZ gives the 64K rate which is what G.711 is based on.
As the traditional telephone network is bandwidth limited, somewhere between 300-3600 Hz(alway a debate), according to the Nyquist theorem for accuracy you must sample at twice the highest frequency, hence 8KHZ. Kind if why CD recordings are in the 44KHZ range, 22,000 being the highest audible frequency for the human ear.
Bell labs spend a lot of research to determine that most speech can be carriered in what would be considered the power band for verbal comprehension, and designed their equipment for that transmission.