BellSouth and SBC Begin Next Phase of Review Related to Cingular's Acquisition of AT&T Wireless
17 Avril 2004 - 2:01AM
PR Newswire (US)
BellSouth and SBC Begin Next Phase of Review Related to Cingular's
Acquisition of AT&T Wireless ATLANTA and SAN ANTONIO, April 16
/PRNewswire-FirstCall/ -- BellSouth and SBC , the owners of
Cingular Wireless LLC, announced today the beginning of the next
phase of antitrust review related to Cingular's acquisition of
AT&T Wireless. BellSouth and SBC have each received from the
Department of Justice a Request for Additional Information. Both
companies anticipated that the Department of Justice would issue
this information request given the size and nature of the
transaction. We intend to continue to cooperate fully with the
Department of Justice. The merger of Cingular and AT&T Wireless
is still expected to be completed in the 4th quarter of 2004. About
BellSouth Corporation BellSouth Corporation is a Fortune 100
communications services company headquartered in Atlanta, Georgia.
BellSouth serves nearly 50 million local, long distance, Internet
and wireless customers in the United States and 12 other countries.
Consistently recognized for customer satisfaction, BellSouth
provides complete communications solutions to the residential and
business markets. In the residential market, BellSouth offers DSL
high-speed Internet access and long distance, advanced voice
features and other services. The company's BellSouth Answers(SM)
package combines local and long distance service with an array of
calling features; wireless data, voice and e-mail services; and
high- speed DSL or dial-up Internet service and Cingular Wireless.
In the business market, BellSouth serves small, medium and large
businesses providing secure, reliable local and long distance voice
and data networking solutions. BellSouth also provides online and
directory advertising services through BellSouth(R)
RealPages.com(SM) and The Real Yellow Pages(R). BellSouth owns 40
percent of Cingular Wireless, the nation's second largest wireless
company, which provides innovative wireless voice and data
services. About SBC Communications Inc. SBC Communications Inc.
(NYSE:SBC) is a Fortune 50 company whose subsidiaries, operating
under the SBC brand, provide a full range of voice, data,
networking, e-business, directory publishing and advertising, and
related services to businesses, consumers and other
telecommunications providers. SBC holds a 60 percent ownership
interest in Cingular Wireless, which serves more than 24 million
wireless customers. SBC companies provide high-speed DSL Internet
access lines to more American consumers than any other provider and
are among the nation's leading providers of Internet services. SBC
companies also now offer satellite TV service. Additional
information about SBC and SBC products and services is available at
http://www.sbc.com/ . DATASOURCE: BellSouth Corporation; SBC
Communications, Inc. CONTACT: Jeff Battcher of BellSouth,
+1-404-249-2793, or ; or Larry Solomon of SBC, +1-210-351-3990, or
Web site: http://www.bellsouth.com/ http://www.sbc.com/ Company
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