The AT&T brand reflects what customers are looking for. They want the latest technology and services but they also want reliability, quality and trustworthiness. Only the AT&T brand offers this ideal combination of traits.

This transaction ? will transform us from a regional company to a new kind of company that uses its premiere networks to focus on 'national-local' and global markets.

We will provide a competitive, integrated mix of local, long distance, Internet and high-speed data services, providing more choices, new and improved services, more competitive prices and more convenience for millions of consumers.

We have not determined any time frame ... but it certainly a terrific option that's available.

We commend the commission, under the leadership of Chairman Martin, for recognizing the reality of today's communications marketplace and for fostering an environment where there will be greater choice in communications services and providers.

Though we are trimming capital expenditures in 2002, we will continue to invest capital in the right places, namely our major growth drivers, ... It is critical that SBC continue to provide excellent customer service and invest smartly to grow our data, long-distance and wireless revenues.

The new AT and T has gotten off to a very strong start.

If we were somehow able to sign one franchise agreement every week of the year, it's going to take us 30 years to complete this process.

Together, we will lead the way into a new era of converged and bundled communications, video, and entertainment services.