SBC Communications announces joint venture with 2Wire Inc. to launch home entertainment service

January 3, 2005

2 Min Read

SAN ANTONIO -- SBC Communications Inc. (NYSE:SBC) today announced it has formed a joint venture with 2Wire Inc. to deliver a home entertainment service that integrates satellite TV programming, digital video recording, video on demand, and Internet content including Yahoo!(R) Photos and music via an award-winning new set-top box -- and ties it all together with the familiar and intuitive SBC Yahoo! user interface. The joint venture is part of a two-pronged SBC video strategy to extend home entertainment video services to customers through either high-speed fiber or DSL.

   The service will combine content delivered by broadband and satellite into one easy-to-use package, giving consumers a powerful new way to extend the SBC Yahoo! DSL experience beyond the desktop to bring entertainment content to their TV screens and stereos. Today's announcement builds on the recently announced expanded alliance with Yahoo! Inc. which calls for the companies to extend the SBC Yahoo! customer experience beyond the desktop. The offering will be available to customers who have both SBC | DISH Network and SBC Yahoo! DSL services. It is expected to roll out in mid-2005.

   "The SBC home entertainment service will bring together many of the features that consumers want most, including TV programming, video on demand and Internet content and services, in a way that competitors and cable TV providers can't match," said Ed Cholerton, chief executive officer of the newly formed SBC Media Solutions LLC and vice president of SBC DSL. "It allows quick delivery of a complete, personalized and seamless entertainment and communications service to our customers while SBC companies build a fiber network. It is another important milestone in the SBC 'grand slam' strategy of leadership in landline voice, wireless, broadband Internet and video services."

SBC Communications Inc.

2Wire Inc.

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