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SBC Communications closed its acquisition of AT&T Corp.
as California regulators approved the transaction. 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.
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EDWARD E
WHITACRE JR
Ready to meet the
needs of a generation
of customers in a new
era of
communications
and entertainment
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Through its subsidiaries and affiliates, AT&T is the
largest telecommunications company in the United States and one of the largest
in the world. The combined company is the largest US 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 US 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.
DQC NEWS BUREAU
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