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.

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,

The AT&T name has a proud and storied heritage, as well as unparalleled recognition around the globe among both businesses and consumers,

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

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

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.