Williams Wins Yahoo!

TULSA, Okla. -- Williams Communications (NYSE: WCG), a leading provider of broadband services to bandwidth-centric customers, today announced it has signed Yahoo!® FinanceVision (http://financevision.yahoo.com), the Internet’ s premiere interactive financial webcast, as a customer for its compressed video services. Williams Communications is providing its compressed video services for Yahoo! FinanceVision broadcasts originating from the New York Stock Exchange, NASDAQ, and Wall Street trading floors. The segments will be transmitted live to the Yahoo! production facility in Sunnyvale, Calif., on a continuous basis, where they will be encoded and broadcast to the Internet. This deal is in addition to a previous agreement, announced in November 2001, in which Yahoo! selected Williams Communications as its preferred national backbone provider for data and video services.“Compressed video services enable our broadcast customers to schedule services at various bandwidth levels well in advance or on demand, giving them numerous choices and tremendous efficiency in managing their video transmission needs,” said Michael Schlesier, managing director of broadcast, cable and advertising services for Williams Communications. “The combination of our 12 years of experience providing broadcast transmission services at world-class customer service levels and our next-generation infrastructure gives Yahoo! FinanceVision and other customers a superior transmission platform for their mission-critical content.”Williams Communications Group