SBC, BellSouth: No Comment on Merger Rumors

FRAMINGHAM (03/02/2000) - SBC Communications Inc. and BellSouth Corp. both responded with a terse "no comment'' to a news report that they plan to merge their cellular telephone properties to create a nationwide colossus capable of competing with wireless networks operated by AT&T, Sprint and Bell Atlantic.

The Wall Street Journal reported yesterday that the two companies "are in talks to merge their U.S. cellular phone properties.'' A BellSouth spokesman declined to comment on the report, saying "it is our policy not to comment on mergers or acquisitions.'' An SBC spokesman made a similar comment.

BellSouth has 5.3 million customers, located primarily in its southeast U.S. service area. SBC has 11.2 million cellular telephone customers located in California, the Southwest and the Midwest. A combined SBC/BellSouth cellular phone network would rank just behind a Bell Atlantic/Vodafone Airtouch joint venture which will have more than 20 million wireless customers and ahead of AT&T Wireless and Sprint, which have 12 million and 6 million cellular customers respectively.

Join the newsletter!


Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

More about AT&TAT&T WirelessBellSouthSBC CommunicationsSprintVodafoneWall Street

Show Comments