BellSouth CEO Speech

Bellsouth Corp 08 June 2005 FOR IMMEDIATE RELEASE Media Contact: Jeff Battcher 404-713-0274 jeff.battcher@bellsouth.com BellSouth's Ackerman Delivers Keynote at SUPERCOMM Conference -- Notes Telecom Winners Will Be Those Who Provide the Most Cost-Efficient Integrated Solutions Across All Customer Segments -- SUPERCOMM tradeshow, CHICAGO - June 8, 2005 - Speaking today at the SUPERCOMM conference, BellSouth Corporation (NYSE: BLS) chairman and CEO Duane Ackerman shared his vision of BellSouth's transformation into a next generation broadband services leader. Finally the exciting shift is underway," Ackerman said, "from narrowband to broadband, from circuit to packet and from wireline to wireless. As we undergo this journey, virtually every industry - every cost structure - and every customer experience is being transformed. And, a new broadband economy is on the rise." Ackerman noted that BellSouth has set its own path in an industry being defined by big mergers and bold claims - one in which telecom companies are now clearly moving in different directions. He stated that BellSouth's future depends on its ability to capitalize on its industry-leading network by mapping out a wireless and broadband future rich with opportunities for customers and shareholders alike. "We believe that in this dynamic IP world, there are new ways of delivering high-speed, integrated communications without investing in yesterday's technology or in no-growth, old-growth lines of business," he said. According to Ackerman, BellSouth is positioned to succeed in this new telecom marketplace - through its technology, wireless and broadband opportunities and status as the carrier of choice to southeastern-based large businesses. BellSouth was an early adopter of the belief that fiber will be a transport technology of the future. The company already serves more than one million homes with fiber-to-the- curb technology. Further, BellSouth has more than 5.2 million miles of fiber today and is increasing that deployment by about 10 percent year over year. In addition, almost 50 percent of BellSouth's households are served by a combination of fiber and short loops. BellSouth has also made significant headway in its broadband deployment initiatives. The company has more than 2.3 million DSL customers with 80 percent of its DSL lines capable of supporting 3Mbps of downstream speed. Additionally, BellSouth announced Monday a 6Mbps offering that will allow the company to offer the widest range of broadband options in the marketplace. In the business world, BellSouth is the carrier of choice with the leading Multiprotocol Label Switching (MPLS) packet backbone in the southeast and as reflected in a recent survey of businesses that identified BellSouth as the clear service and brand leader. The company's partnerships with leading out-of-region providers allow BellSouth to offer a robust portfolio of services to business customers across the country as well. Additionally, BellSouth has utilized its 40% ownership stake in Cingular Wireless(R) to succeed in the fast-growing wireless industry. Ongoing integration initiatives between BellSouth and Cingular include a seamless mobility trial for the business market that BellSouth announced this week. The trial will utilize a single handset that will operate seamlessly from the cellular network outside the office to the wireless (LAN) or Wi-Fi, within the confines of the business. BellSouth is building on its strategic position in the industry today to develop a next generation network that will provide its customers not only with more bandwidth, but also better integration. "We listen to our customers," Ackerman said. "And they're saying give us integrated solutions that allow us to be more connected, more productive and more secure - at work, at home and on the road." With new IP technology, BellSouth will continue to transform its network for the true convergence of digital services to provide complete technology solutions and compete head-to-head with cable. In addition, BellSouth is well-positioned in the industry in that, unlike cable, it serves all customer segments, including consumers, businesses, other carriers and all major industries in the economy. "BellSouth is focused on bringing the platform, applications and partners together to deliver the integrated solutions that our customers want," Ackerman said. "And we're doing it by building on the flexibility of our combined wireline and wireless assets and our relationships with different customer segments." As the telecom industry continues to evolve, BellSouth is committed to providing customers with the communications and entertainment services to meet their needs, today and in the future. "I believe the future belongs to those who balance vision with the fundamentals, the short-term with the long-term, and the promise of technology with the real needs of people," Ackerman said. "BellSouth is about striking that balance. That's our credibility. That's who we are." About BellSouth Corporation BellSouth Corporation is a Fortune 100 communications company headquartered in Atlanta, Georgia. BellSouth has joint control and 40 percent ownership of Cingular Wireless, the nation's largest wireless voice and data provider with more than 50 million customers. Backed by award winning customer service, BellSouth offers the most comprehensive and innovative package of voice and data services available in the market. Through BellSouth Answers(R), residential and small business customers can bundle their local and long distance service with dial-up and high-speed DSL Internet access, satellite television and Cingular(R) Wireless service. For businesses, BellSouth provides secure, reliable local and long distance voice and data networking solutions. BellSouth also offers online and directory advertising through BellSouth(R) RealPages.com(R) and The Real Yellow Pages(R). BellSouth believes that diversity and fostering an inclusive environment are critical in maintaining a competitive advantage in today's global marketplace. More information about BellSouth can be found at www.bellsouth.com. This information is provided by RNS The company news service from the London Stock Exchange
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