TELECOM Digest OnLine - Sorted: New AT&T Launches; Offering Customers a New Leader

New AT&T Launches; Offering Customers a New Leader

Monty Solomon (monty@roscom.com)
Fri, 18 Nov 2005 23:47:06 -0500

New AT&T Launches; Offering Customers a New Leader in
Communications and Entertainment, Leading Industry Transformation
to Integrated, IP-Based Services
- Nov 18, 2005 02:51 PM (BusinessWire)

SAN ANTONIO--(BUSINESS WIRE)--Nov. 18, 2005--Today marks the birth of
AT&T Inc. and of a new standard-bearer in communications,
entertainment and service for the 21st century.

SBC Communications Inc. (NYSE:SBC) closed its acquisition of AT&T
Corp. today as California regulators approved the transaction -- the
final approval needed for the merger of the companies' highly
complementary networks, product portfolios, capabilities and shared
heritage. The combined enterprise will immediately begin a
well-planned integration process, allowing the new AT&T family of
companies to quickly deliver benefits for both customers and
stockholders.

Through its subsidiaries and affiliates, AT&T Inc. is the largest
telecommunications company in the United States and one of the largest
in the world. The combined company is the largest U.S. provider of
high-speed DSL Internet services and local and long-distance voice
services and the No. 1 provider of data services to the Fortune 1000.
The new AT&T owns 60 percent of Cingular Wireless, which is the No. 1
U.S. wireless services provider.

The combined company is now poised to lead the industry in one of the
most significant shifts in communications technology since the
invention of the telephone more than 120 years earlier -- the
deployment of integrated services based on Internet Protocol, giving
customers access to virtually any services, anytime, anywhere.

- http://finance.lycos.com/home/news/story.asp?story=53292164

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