SBC Communications: Launches New Higher Speed SBC Yahoo! DSL At Attractive Low Prices

For more information:
Howard Riefs
414.520.3535
hriefs@sbcnews.us

New 1.5 to 3 Mbps speeds available to consumers for as low as
$36.99 a month when bundled with other SBC services

MILWAUKEE, April 1, 2004 – SBC Communications Inc. (NYSE: SBC) today announced the launch of a new higher speed consumer DSL Internet service with up to twice the download speeds of the company’s current flagship offer, and priced as low as $36.99 a month.

Residential customers can qualify for SBC Yahoo! DSL — with speeds of 1.5 to 3 megabits per second (Mbps) x 384 Kbps — for $36.99 a month when they subscribe to SBC Total Connections, which includes local, long distance and wireless service. If ordered online or as part of a qualifying bundle of SBC services, residential and business customers can receive the higher speed SBC Yahoo! DSL for $39.99 a month. When purchased separately with a one-year term commitment, it is available for $44.99 per month. (Other monthly charges apply; see below.)

Introduction of SBC Yahoo! DSL 1.5-3.0 Mbps comes after highly successful market trials, and is designed to meet increasing bandwidth demands of consumers and small businesses for applications such as online gaming, digital photography and sharing of large files.

Previously, SBC Internet Services offered a higher speed package with speeds of 1.5-6.0 Mbps for $99.95 a month. The new offer was developed for users seeking to match increased speed needs with value pricing, and is comparable to the higher speed offerings available in the overall broadband marketplace. Unlike many other broadband promotions, however, SBC value pricing is guaranteed to remain in effect for the entire twelve-month term.

The majority of current SBC Yahoo! DSL customers are eligible to receive the higher speed levels. New customers can easily order with a single telephone call or click of a mouse.

“This new offer is part of our commitment to provide great choices, significant value and unparalleled convenience – especially for those customers who choose to bundle broadband with other SBC services,” said Ray Wilkins, Group president, SBC Marketing and Sales. “SBC Yahoo! DSL delivers the speed you need, at a price that suits any budget.”

For customers who want to enjoy the benefits of a broadband connection but don’t require as much bandwidth, SBC Yahoo! DSL with download speeds of up to 1.5 Mbps remains available at valuable savings. SBC Total Connections customers can purchase the traditional speed level for $26.95 a month. It can also be ordered online or as part of a qualifying SBC bundle for $29.95 a month. (Other monthly charges apply. See below.) When purchased separately, SBC Yahoo! DSL is offered for $34.95 a month.

In addition to the personalized high speed options, SBC Yahoo! DSL includes rich content, a customized portal, powerful communications tools, premium services, industry-leading safety and security features such as anti-virus protection for e-mail and the entire computer, firewall software, anti-spam tools and a comprehensive parental controls package.

For the workplace, SBC Yahoo! DSL Business Edition offers features and applications designed specifically to help improve productivity including a customized portal with business content, multiple content pages, access to industry trade journals and periodicals, and email permission marketing tools.

SBC Yahoo! DSL Business Edition has been named the best Internet Service Provider in Small Business Computing.com’s 2004 Excellence in Technology Awards. The publications readers and editors selected the service from hundreds of products and services, distinguishing SBC Yahoo! DSL Business Edition as a top provider of broadband services for small- and medium-sized businesses.

New residential and business customers ordering SBC Yahoo! DSL receive a $99 instant credit and waived activation fee. With the instant credit customers can purchase a Wi-Fi networking gateway, valued at $149, for a one-time charge of $50 or receive a free DSL modem, valued at $99. The offer is available to any new SBC Yahoo! DSL customer where service is available.

SBC Communications Inc. (NYSE: SBC) is a Fortune 50 company whose subsidiaries, operating under the SBC brand, provide a full range of voice, data, networking, e-business, directory publishing and advertising, and related services to businesses, consumers and other telecommunications providers. SBC holds a 60 percent ownership interest in Cingular Wireless, which serves more than 24 million wireless customers. SBC companies provide high-speed DSL Internet access lines to more American consumers than any other provider and are among the nation’s leading providers of Internet services. SBC companies also now offer satellite TV service. Additional information about SBC and SBC products and services is available at www.sbc.com.

A monthly FUSF (Federal Universal Service Fund) cost recovery fee will be charged to help cover charges for data transport, pursuant to state and federal telecom regulations. This fee is not a tax or government required charge.

$150-$200 additional charge if technician install is required or desired. One-year term and SBC local service required. The equipment charge will appear on the first bill along with any corresponding and offsetting instant credits. Laptop users and some desktop users may need to purchase an Ethernet card. Billing begins on service activation date. Service not available in all areas. Subject to change without notice. Acceptance of Terms of Service required. Taxes and additional fees extra. Other restrictions apply.

SBC Yahoo! DSL is an information service that combines DSL transport, Internet access and applications from SBC Internet Services, with customized content, services, and applications from Yahoo! Inc. Yahoo! logos are the trademarks of Yahoo! Inc. SBC logos are trademarks of SBC Knowledge Ventures, L.P. © 2004 SBC Knowledge Ventures, L.P. and Yahoo! Inc. All rights reserved.