BellSouth Yahoo Alliance

Bellsouth Corp
17 October 2005


For Immediate Release


   BellSouth and Yahoo! Form Strategic Alliance to Offer Powerful Co-Branded
             Broadband Experience to BellSouth Internet Subscribers


Atlanta, GA and Sunnyvale, Calif. - October 17, 2005 - BellSouth (NYSE: BLS) and
Yahoo! Inc. (Nasdaq: YHOO), a leading global Internet company, today announced a
strategic alliance to provide co-branded broadband service to BellSouth(R)
FastAccess(R) DSL subscribers throughout BellSouth's nine-state operating
region.

Beginning in late 2006, this new co-branded service will be provided, at no
additional charge, to all new BellSouth residential broadband subscribers on all
tiers of service. BellSouth's existing base of subscribers will have the option
to select the co-branded service.   The companies have also agreed to market the
new BellSouth Yahoo! service on the Yahoo! network and in BellSouth's
advertising.

Consumers can enjoy a full range of Yahoo!'s leading tools and services through
the co-branded offering including:

•    Powerful customized browsing environment

•    Personalized broadband homepage with access to more than 750,000
     content sources from across the Web

•    Award-winning premium e-mail with industry-leading spam protection
     and 2 gigabytes of storage for primary accounts.

•    A suite of digital photos features, including unlimited storage and
     access to high-resolution downloads

•    A premium-level internet radio; access to the Web's largest
     catalogue of music videos, streaming at higher bit rates

•    Compelling broadband content including popular news and
     entertainment segments

"BellSouth's alliance with Yahoo! is a key part of our ongoing effort to enhance
our customers' online experience," said Keith Cowan - president of marketing and
product management, BellSouth. "We are committed to offering a broadband service
that exceeds customer expectations and are excited at the prospect of partnering
with Yahoo! to provide this new co-branded service."

"Yahoo! is focused on delivering the best possible products to our users, and we
are excited to partner with BellSouth to bring unique content, powerful security
features and award-winning communications tools to consumers throughout
BellSouth's region," said Dan Rosensweig, chief operating officer, Yahoo! Inc. "
This new BellSouth relationship, in combination with our existing broadband
alliances, gives Yahoo! the opportunity to distribute a high-quality broadband
experience to consumers across the vast majority of the United States."

BellSouth's tiered-speed approach to broadband provides customers with a range
of broadband services that allow them to choose the speed and price that best
meets their needs, with prices starting as low as $24.95 per month and with
speeds going up to 6 Mbps later this year.


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 date provider with
51.6 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.


About Yahoo!

Yahoo! Inc. is a leading provider of comprehensive online products and services
to consumers and businesses worldwide. Yahoo! is the No. 1 Internet brand
globally and the most trafficked Internet destination worldwide. Headquartered
in Sunnyvale, Calif., Yahoo!'s global network includes 25 world properties and
is available in 13 languages.


NOTE: For more information about BellSouth, visit the BellSouth Web page at
http://www.bellsouth.com.


Media Contacts

For BellSouth - Joe Chandler, [e-mail], 404-829-8700
                Nadine Randall, [e-mail], 404-829-8724

For Yahoo! -    Helena Maus, [e-mail], 408-349-7085
                Nicole Leverich, [e-mail], 408-349-5583

                                     # # #


Yahoo! and the Yahoo! logo are trademarks and/or registered trademarks of Yahoo!
                                      Inc.

All other names are trademarks and/or registered trademarks of their respective
                                     owners


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