SAN ANTONIO & SUNNYVALE, Calif. -- SBC Communications Inc. (NYSE: SBC - News), the nation's leading DSL provider, and Yahoo! Inc.® (NASDAQ: YHOO - News), the No. 1 global Internet destination, today announced a multi-year extension of their industry-leading alliance to provide co-branded DSL and Dial services. Building on the proven success of their existing alliance, the companies also announced plans to extend the SBC Yahoo! customer experience beyond the PC to home television and audio systems, Cingular wireless phones, SBC FreedomLink Wi-Fi and SBC Home Networking equipment.

The extended relationship will enable consumers to simplify their lives by allowing them to access personalized entertainment and communications content from almost anywhere, with a consistent user experience across a variety of connected devices. The first new products developed as part of the expanded alliance will be available in 2005.

"This alliance advances the SBC strategy to evolve the 'digital home' into the 'digital lifestyle'. What you see on your SBC Yahoo! Internet home page is coming to a TV set or wireless phone near you," said Edward E. Whitacre Jr., chairman and chief executive officer, SBC Communications Inc. "Customers want communications that revolve around them, not the other way around. By integrating the SBC Yahoo! experience across multiple devices and networks, we'll deliver services that our competitors cannot match."

SBC Communications Inc.

Yahoo Inc.