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,

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.

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.

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,

So long as TARP money is wrapped up in GM, the company will never shake its 'Government Motors' image. That label, as competitors and GM employees are keenly aware, is code for one thing: 'GM is a failure.'