Wednesday, January 18, 2006

AT&T renames high-speed Internet service

AT&T Inc. announced a new name for its high-speed Digital Subscriber Line service and cut the monthly price to boost its Internet customer base.

San Antonio-based AT&T (NYSE: T), already the nation's largest provider of DSL with 6.5 million subscribers, is offering new residential customers the ability to order the new AT&T Yahoo! High-Speed Internet for $14.99 a month. It was formerly called SBC Yahoo! DSL. SBC Communications Inc. and Sunnyvale, Calif.-based Yahoo! (NASDAQ: YHOO) first launched SBC Yahoo! DSL in September 2002.

This is one of the lowest prices the company has ever offered for new customers. AT&T first introduced the service at $14.95 on June 1, 2005, when it was still SBC.

Continued

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