SBC said consumer flight from its local telephony business was offset by strong fourth-quarter performance in its DSL and long-distance sectors. BellSouth predicts a bright future for its DSL products this year.
The U.K. mobile phone operator is buying BT's 26% stake and SBC's 15% stake in the French telecom. The move is seen as Vodafone's upping the pressure on Vivendi Universal for the media conglomerate's 44% stake in Cegetel.
Alcatel has agreed to supply SBC with a high-speed fiber-optic system for a residential development in Northern California, the companies said yesterday. The new network would be able to transmit data several times faster than current DSL systems, a report says.
Satcaster EchoStar and DSL provider SBC are to take on cable companies by offering a combination satellite-TV/high-speed Internet access package, reports say. By the agreement, SBC reportedly is to market Dish Network to its telephony customers, and EchoStar is to promote SBC to its subscribers. Financial details were not disclosed.