Key Facts

Headquarters

1155 Peachtree St. NE

Atlanta, GA 30309

Phone: 404-249-2000

Fax: 404-249-2071

Ticker Symbol

BLS

Staff

Population: 63,000
1 year change: –17.1 percent

Financial

2005 revenue: $20,547 million

1-yr. growth rate: 1.2 percent

BellSouth

Company Overview

Highlights

Serves 21 million phone numbers.

The number-three local phone service in the United States, serving customers in nine southern states.

One of the Baby Bells, BellSouth is one of the big players in the telecom industry. The company offers voice, broadband, e-commerce, and Web hosting services to business and consumer markets, and publishes online and directory advertising services. With AT&T (formerly SBC), BellSouth formed Cingular Wireless, of which it owns a 40% share. The company has moved into the long-distance business as well, serving 7.3 million customers, and it also serves high-speed DSL Internet service to more than 3.1 million people. Ending several years’ worth of speculation and rumors, BellSouth entered into negotiations with AT&T in early 2006 regarding a potential merger, a deal valued at $67 billion.