Thursday, November 17, 2005

The New AT&T Sets Course

SBC Communications completed its historic acquisition of AT&T, making it the largest telecommunications company in the United States and one of the largest in the world. The new AT&T vowed to lead 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."

""The combination of SBC and AT&T companies gives us the local, global, and wireless network resources and the expertise to set the standard for delivering meaningful innovations and making the promise of integrated communications and entertainment a reality for consumers and businesses," said Edward E. Whitacre Jr., chairman and CEO of AT&T.

Sheet on the New AT&T

and Customers
Largest U.S. provider of DSL
with 6.5 million lines
Largest local
service operator with 50.2 million access lines (SBC-only access lines)
No. 1 provider of data services to the Fortune 1000. 
IP backbone is currently carrying 4.6 petabytes (4.9 billion megabytes) of traffic on an average business day
The new AT&T global backbone includes 1,500 managed MPLS nodes in 80 countries and 75,000 MPLS customer ports
Currently operating 28 data centers
combined network has 410,000 fiber route miles
currently offered at more than 18,000 hot spots in the United States and the world
Owns 60% of Cingular Wireless, which is the No. 1 U.S. wireless services
provider with over 52 million wireless customers.. Services will be offered under the AT&T brand.
The new AT&T is preparing to launch cost-competitive, communications service bundles to residential customers in the coming weeks.
Lightspeed will deploy nearly 40,000 miles of fiber, initially reaching18 million homes and delivering 20 - 25 Mbps of
bandwidth. Project Lightspeed will deliver numerous IP-based services, including
Stockholders of the former AT&T received 0.77942 shares of SBC common stock for each common share of AT&T. 
A new ticker symbol will be announced on November 21
The combined company has 197,100 employees (SBC: 157,600; AT&T: 39,500 -- as of 9/30/05)
The combined 2004 revenues of the company were $71.2 billion (SBC $40.7 billion, AT&T $30.5 billion)

The combined company
controls more than 6,000 patents
new logo will also be unveiled this week
new brand will be heavily promoted with the largest multimedia
advertising and marketing campaign in either company's history, as well
as through other promotional initiatives

"We are ready to meet the needs of a new generation of customers in a new era of communications and entertainment," said Whitacre.

See also