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.

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.

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.

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.