Re Joint Venture

Bellsouth Corp
3 October 2000


For more information:

Selim Bingol                       Jeff Battcher
SBC Communications                 BellSouth Corporation
210-351-3991                       404 713-0274
[e-mail]               [e-mail]



                    BELLSOUTH AND SBC COMMUNICATIONS 
           COMPLETE COMBINATION OF U.S. WIRELESS BUSINESSES

SAN ANTONIO and ATLANTA, October 2, 2000 - SBC Communications Inc. (NYSE: SBC)
and BellSouth Corporation (NYSE:BLS) today announced that they have completed
the combination of their U.S. wireless businesses and formed a new nationwide
provider that will offer the most advanced products and services under a new
brand name.  All necessary approvals have been received, including the Federal
Communication Commission.

In April, BellSouth and SBC announced plans to merge their domestic wireless
operations to create the nation's second-largest wireless company, a powerful
single entity jointly controlled by both companies, poised to compete nationwide
in the exploding wireless voice and data businesses.  The new company will serve
more than 19 million customers and 190 million potential customers in 38 states,
the District of Columbia and two U.S. territories.  The name of the new joint
venture, which will be headquartered in Atlanta, is expected to be announced
soon.

BellSouth (NYSE:BLS) is a $26 billion communications services company.  It
provides telecommunications, wireless and wireless long distance communications,
Internet and data services, advertising and publishing, and video and
entertainment services to 40 million customers in 18 countries worldwide.  For
more information about BellSouth, visit http://www.bellsouth.com/

SBC Communications Inc. (www.sbc.com) is a global communications leader. Through
its subsidiaries' trusted brands - Southwestern Bell, Ameritech, Pacific Bell,
SBC Telecom, Nevada Bell, SNET and Cellular One - and world-class network, SBC's
subsidiaries provide local and long-distance phone service, wireless and data
communications, paging, high-speed Internet access and messaging, cable and
satellite television, security services and telecommunications equipment, as
well as directory advertising and publishing.  In the United States, the company
currently has 94.1 million voice grade equivalent lines, 11.7 million wireless
customers and is undertaking a national expansion program that will bring SBC
service to an additional 30 markets.  Internationally, SBC has
telecommunications investments in 22 countries.  With more than 208,000
employees, SBC is the 13th-largest employer in the U.S., with annual revenues
that rank it among the largest Fortune 500 companies.

Safe Harbor Statement
In addition to historical information, this press release contains
forward-looking statements regarding events and financial trends.  Factors that
could affect future results and financial position and could cause actual
results to differ materially from those expressed in the forward-looking
statements include:

-  a change in economic conditions in markets where we operate or have
   material investments which would affect demand for our services;
-  the intensity of competitive activity and its resulting impact on pricing
   strategies and new product offerings;
-  higher than anticipated cash requirements for investments, new business
   initiatives and acquisitions, and
-  unanticipated higher capital spending from, or delays in, the deployment 
   of new technologies.