-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, VvKkNyMs1wE2qKi6fmHW0R/R4w9L/ls2brbWuKZxt3yAEAEnZ6RK/KtoKvPMN7aj e5U9cwMPUT4FS0Kpg3AjRg== 0000732717-99-000002.txt : 19990111 0000732717-99-000002.hdr.sgml : 19990111 ACCESSION NUMBER: 0000732717-99-000002 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 19980930 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SBC COMMUNICATIONS INC CENTRAL INDEX KEY: 0000732717 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 431301883 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-08610 FILM NUMBER: 99503520 BUSINESS ADDRESS: STREET 1: 175 E HOUSTON STREET 2: ROOM 9-4 CITY: SAN ANTONIO STATE: TX ZIP: 78205 BUSINESS PHONE: 2108214105 MAIL ADDRESS: STREET 1: 175 E HOUSTON STREET 2: ROOM 9-4 CITY: SAN ANTONIO STATE: TX ZIP: 78205 FORMER COMPANY: FORMER CONFORMED NAME: SOUTHWESTERN BELL CORP DATE OF NAME CHANGE: 19920703 8-K 1 OTHER EVENTS SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report: January 8, 1999 SBC COMMUNICATIONS INC. A Delaware Corporation Commission File No. 1-8610 IRS Employer No. 43-1301883 175 E. Houston, San Antonio, Texas 78205 Telephone Number (210) 821-4105 Item 5. Other Events Attached as an exhibit is a press release issued by SBC Communications Inc. on January 8, 1999 with segment information by quarter for 1998 and 1997. Item 7. Financial Statements and Exhibits (c) Exhibits 27a Financial Data Schedule - March 31, 1996 27b Financial Data Schedule - June 30, 1996 27c Financial Data Schedule - September 30, 1996 27d Financial Data Schedule - December 31, 1996 27e Financial Data Schedule - March 31, 1997 27f Financial Data Schedule - June 30, 1997 27g Financial Data Schedule - September 30, 1997 27h Financial Data Schedule - December 31, 1997 27i Financial Data Schedule - March 31, 1998 27j Financial Data Schedule - June 30, 1998 27k Financial Data Schedule - September 30, 1998 99 January 8, 1999 Press Release - SBC Moves to Segment Reporting EXHIBIT INDEX Exhibit Number 27a Financial Data Schedule - March 31, 1996 27b Financial Data Schedule - June 30, 1996 27c Financial Data Schedule - September 30, 1996 27d Financial Data Schedule - December 31, 1996 27e Financial Data Schedule - March 31, 1997 27f Financial Data Schedule - June 30, 1997 27g Financial Data Schedule - September 30, 1997 27h Financial Data Schedule - December 31, 1997 27i Financial Data Schedule - March 31, 1998 27j Financial Data Schedule - June 30, 1998 27k Financial Data Schedule - September 30, 1998 99 January 8, 1999 Press Release - SBC Moves to Segment Reporting SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. SBC Communications Inc. /s/ Randall Stephenson _________________________ Randall Stephenson Vice President and Controller January 8, 1999 EX-27 2 EXHIBIT 27-A: FINANCIAL DATA SCHEDULE, 3/31/96
5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S MARCH 31, 1996 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 1,000,000 3-MOS DEC-31-1996 MAR-31-1996 653 328 4,794 349 0 6,555 63,436 37,325 40,390 9,376 11,846 0 0 991 8,257 40,390 0 5,994 0 3,332 1,100 95 235 1,377 526 851 0 0 90 941 0.48 0.48 THIS AMOUNT IS IMMATERIAL. NET SALES OF TANGIBLE PRODUCTS IS NOT MORE THAN 10% OF TOTAL OPERATING REVENUES AND THEREFORE HAS NOT BEEN STATED SEPARATELY IN THE FINANCIAL STATEMENTS PURSUANT TO REGULATION S-X, RULE 5-03(B). THIS AMOUNT IS INCLUDED IN THE "TOTAL REVENUES" TAG. COST OF TANGIBLE GOODS SOLD IS INCLUDED IN OPERATIONS AND SUPPORT IN THE FINANCIAL STATEMENTS AND THE "TOTAL-COST" TAG, PURSUANT TO REGULATION S-X, RULE 5-03(B).
EX-27 3 EXHIBIT 27-B: FINANCIAL DATA SCHEDULE, 6/30/96
5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S JUNE 30, 1996 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 1,000,000 6-MOS DEC-31-1996 JUN-30-1996 434 625 4,963 370 0 6,762 64,312 37,964 40,977 8,993 11,858 0 0 991 8,744 40,977 0 12,167 0 6,808 2,206 198 470 2,772 1,066 1,706 0 0 90 1,796 0.92 0.91 THIS AMOUNT IS IMMATERIAL. NET SALES OF TANGIBLE PRODUCTS IS NOT MORE THAN 10% OF TOTAL OPERATING REVENUES AND THEREFORE HAS NOT BEEN STATED SEPARATELY IN THE FINANCIAL STATEMENTS PURSUANT TO REGULATION S-X, RULE 5-03(B). THIS AMOUNT IS INCLUDED IN THE "TOTAL REVENUES" TAG. COST OF TANGIBLE GOODS SOLD IS INCLUDED IN OPERATIONS AND SUPPORT IN THE FINANCIAL STATEMENTS AND THE "TOTAL-COST" TAG, PURSUANT TO REGULATION S-X, RULE 5-03(B).
EX-27 4 EXHIBIT 27-C: FINANCIAL DATA SCHEDULE, 9/30/96
5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S SEPTEMBER 30, 1996 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 1,000,000 9-MOS DEC-31-1996 SEP-30-1996 783 425 5,129 389 0 7,137 65,221 38,496 41,897 9,396 12,076 0 0 991 9,066 41,897 0 18,556 0 10,443 3,336 314 685 4,229 1,609 2,620 0 0 90 2,710 1.38 1.38 THIS AMOUNT IS IMMATERIAL. NET SALES OF TANGIBLE PRODUCTS IS NOT MORE THAN 10% OF TOTAL OPERATING REVENUES AND THEREFORE HAS NOT BEEN STATED SEPARATELY IN THE FINANCIAL STATEMENTS PURSUANT TO REGULATION S-X, RULE 5-03(B). THIS AMOUNT IS INCLUDED IN THE "TOTAL REVENUES" TAG. COST OF TANGIBLE GOODS SOLD IS INCLUDED IN OPERATIONS AND SUPPORT IN THE FINANCIAL STATEMENTS AND THE "TOTAL-COST" TAG, PURSUANT TO REGULATION S-X, RULE 5-03(B).
EX-27 5 EXHIBIT 27-D: FINANCIAL DATA SCHEDULE, 12/31/96
5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S DECEMBER 31, 1996 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 1,000,000 12-MOS DEC-31-1996 DEC-31-1996 324 432 5,347 339 0 6,739 66,503 38,819 42,057 9,979 12,100 0 0 991 9,137 42,057 0 25,202 0 14,510 4,466 438 901 5,457 2,070 3,387 0 0 90 3,477 1.78 1.77 THIS AMOUNT IS IMMATERIAL. NET SALES OF TANGIBLE PRODUCTS IS NOT MORE THAN 10% OF TOTAL OPERATING REVENUES AND THEREFORE HAS NOT BEEN STATED SEPARATELY IN THE FINANCIAL STATEMENTS PURSUANT TO REGULATION S-X, RULE 5-03(B). THIS AMOUNT IS INCLUDED IN THE "TOTAL REVENUES" TAG. COST OF TANGIBLE GOODS SOLD IS INCLUDED IN OPERATIONS AND SUPPORT IN THE FINANCIAL STATEMENTS AND THE "TOTAL-COST" TAG, PURSUANT TO REGULATION S-X, RULE 5-03(B).
EX-27 6 EXHIBIT 27-E: FINANCIAL DATA SCHEDULE, 3/31/97
5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S MARCH 31, 1997 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 1,000,000 3-MOS DEC-31-1997 MAR-31-1997 850 307 5,197 347 0 7,115 67,490 39,488 42,514 9,902 12,350 0 0 992 9,674 42,514 0 6,405 0 3,560 1,160 119 237 1,455 554 901 0 0 0 901 0.46 0.46 THIS AMOUNT IS IMMATERIAL. NET SALES OF TANGIBLE PRODUCTS IS NOT MORE THAN 10% OF TOTAL OPERATING REVENUES AND THEREFORE HAS NOT BEEN STATED SEPARATELY IN THE FINANCIAL STATEMENTS PURSUANT TO REGULATION S-X, RULE 5-03(B). THIS AMOUNT IS INCLUDED IN THE "TOTAL REVENUES" TAG. COST OF TANGIBLE GOODS SOLD IS INCLUDED IN OPERATIONS AND SUPPORT IN THE FINANCIAL STATEMENTS AND THE "TOTAL-COST" TAG, PURSUANT TO REGULATION S-X, RULE 5-03(B).
EX-27 7 EXHIBIT 27-F: FINANCIAL DATA SCHEDULE, 6/30/97
5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S JUNE 30, 1997 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 1,000,000 6-MOS DEC-31-1997 JUN-30-1997 752 241 5,398 385 0 7,920 68,501 40,431 43,861 12,544 12,279 0 0 992 8,596 43,861 0 12,777 0 9,023 2,900 282 505 350 185 165 0 0 0 165 0.09 0.09 THIS AMOUNT IS IMMATERIAL. NET SALES OF TANGIBLE PRODUCTS IS NOT MORE THAN 10% OF TOTAL OPERATING REVENUES AND THEREFORE HAS NOT BEEN STATED SEPARATELY IN THE FINANCIAL STATEMENTS PURSUANT TO REGULATION S-X, RULE 5-03(B). THIS AMOUNT IS INCLUDED IN THE "TOTAL REVENUES" TAG. COST OF TANGIBLE GOODS SOLD IS INCLUDED IN OPERATIONS AND SUPPORT IN THE FINANCIAL STATEMENTS AND THE "TOTAL-COST" TAG, PURSUANT TO REGULATION S-X, RULE 5-03(B).
EX-27 8 EXHIBIT 27-G: FINANCIAL DATA SCHEDULE, 9/30/97
5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S SEPTEMBER 30, 1997 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 1,000,000 9-MOS DEC-31-1997 SEP-30-1997 717 504 5,621 418 0 8,114 69,228 40,759 44,728 12,375 12,820 0 0 992 9,139 44,728 0 19,567 0 13,059 4,081 415 767 1,700 668 1,032 0 0 0 1,032 0.53 0.53 THIS AMOUNT IS IMMATERIAL. NET SALES OF TANGIBLE PRODUCTS IS NOT MORE THAN 10% OF TOTAL OPERATING REVENUES AND THEREFORE HAS NOT BEEN STATED SEPARATELY IN THE FINANCIAL STATEMENTS PURSUANT TO REGULATION S-X, RULE 5-03(B). THIS AMOUNT IS INCLUDED IN THE "TOTAL REVENUES" TAG. COST OF TANGIBLE GOODS SOLD IS INCLUDED IN OPERATIONS AND SUPPORT IN THE FINANCIAL STATEMENTS AND THE "TOTAL-COST" TAG, PURSUANT TO REGULATION S-X, RULE 5-03(B).
EX-27 9 EXHIBIT 27-H: FINANCIAL DATA SCHEDULE, 12/31/97
5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S DECEMBER 31, 1997 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 1,000,000 12-MOS DEC-31-1997 DEC-31-1997 410 320 5,774 430 0 7,517 70,215 41,147 44,836 10,910 13,176 0 0 992 9,528 44,836 0 26,681 0 17,802 5,301 566 1,043 2,658 984 1,674 0 0 0 1,674 0.86 0.85 THIS AMOUNT IS IMMATERIAL. NET SALES OF TANGIBLE PRODUCTS IS NOT MORE THAN 10% OF TOTAL OPERATING REVENUES AND THEREFORE HAS NOT BEEN STATED SEPARATELY IN THE FINANCIAL STATEMENTS PURSUANT TO REGULATION S-X, RULE 5-03(B). THIS AMOUNT IS INCLUDED IN THE "TOTAL REVENUES" TAG. COST OF TANGIBLE GOODS SOLD IS INCLUDED IN OPERATIONS AND SUPPORT IN THE FINANCIAL STATEMENTS AND THE "TOTAL-COST" TAG, PURSUANT TO REGULATION S-X, RULE 5-03(B).
EX-27 10 EXHIBIT 27-I: FINANCIAL DATA SCHEDULE, 3/31/98
5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S MARCH 31, 1998 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 1,000,000 3-MOS DEC-31-1998 MAR-31-1998 688 176 5,557 464 0 7,455 71,151 42,016 44,919 10,454 12,904 0 0 1,986 9,168 44,919 0 6,855 0 3,879 1,201 127 256 1,533 563 970 0 0 15 985 0.50 0.50 THIS AMOUNT IS IMMATERIAL. NET SALES OF TANGIBLE PRODUCTS IS NOT MORE THAN 10% OF TOTAL OPERATING REVENUES AND THEREFORE HAS NOT BEEN STATED SEPARATELY IN THE FINANCIAL STATEMENTS PURSUANT TO REGULATION S-X, RULE 5-03(B). THIS AMOUNT IS INCLUDED IN THE "TOTAL REVENUES" TAG. COST OF TANGIBLE GOODS SOLD IS INCLUDED IN OPERATIONS AND SUPPORT IN THE FINANCIAL STATEMENTS AND THE "TOTAL-COST" TAG, PURSUANT TO REGULATION S-X, RULE 5-03(B).
EX-27 11 EXHIBIT 27-J: FINANCIAL DATA SCHEDULE, 6/30/98
5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S JUNE 30, 1998 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 1,000,000 6-MOS DEC-31-1998 JUN-30-1998 627 91 5,675 450 0 7,522 72,155 42,616 45,424 10,633 12,693 0 0 1,987 9,649 45,424 0 13,885 0 7,857 2,436 251 516 3,124 1,134 1,990 0 0 15 2,005 1.02 1.01 THIS AMOUNT IS IMMATERIAL. NET SALES OF TANGIBLE PRODUCTS IS NOT MORE THAN 10% OF TOTAL OPERATING REVENUES AND THEREFORE HAS NOT BEEN STATED SEPARATELY IN THE FINANCIAL STATEMENTS PURSUANT TO REGULATION S-X, RULE 5-03(B). THIS AMOUNT IS INCLUDED IN THE "TOTAL REVENUES" TAG. COST OF TANGIBLE GOODS SOLD IS INCLUDED IN OPERATIONS AND SUPPORT IN THE FINANCIAL STATEMENTS AND THE "TOTAL-COST" TAG, PURSUANT TO REGULATION S-X, RULE 5-03(B).
EX-27 12 EXHIBIT 27-K: FINANCIAL DATA SCHEDULE, 9/30/98
5 THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM SBC COMMUNICATIONS INC.'S SEPTEMBER 30, 1998 CONSOLIDATED FINANCIAL STATEMENTS AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS. 1,000,000 9-MOS DEC-31-1998 SEP-30-1998 801 37 5,739 460 0 7,649 72,993 43,278 45,371 10,140 12,357 0 0 1,987 10,361 45,371 0 21,101 0 11,929 3,677 373 760 5,125 1,873 3,252 0 0 15 3,267 1.67 1.65 THIS AMOUNT IS IMMATERIAL. NET SALES OF TANGIBLE PRODUCTS IS NOT MORE THAN 10% OF TOTAL OPERATING REVENUES AND THEREFORE HAS NOT BEEN STATED SEPARATELY IN THE FINANCIAL STATEMENTS PURSUANT TO REGULATION S-X, RULE 5-03(B). THIS AMOUNT IS INCLUDED IN THE "TOTAL REVENUES" TAG. COST OF TANGIBLE GOODS SOLD IS INCLUDED IN OPERATIONS AND SUPPORT IN THE FINANCIAL STATEMENTS AND THE "TOTAL-COST" TAG, PURSUANT TO REGULATION S-X, RULE 5-03(B).
EX-99 13 JANUARY 8, 1999 PRESS RELEASE SBC Moves to Segment Reporting In line with Statement of Financial Accounting Standards No. 131 (FAS 131), SBC will disclose 1998 fourth-quarter and year-end financial results using segment reporting guidelines. This Investor Briefing defines SBC's segment structure and provides historical financial results including SNET on a segment basis. The goal of FAS 131 is to help shareowners and others better analyze the financial performance of a public company's different businesses or operating segments. As a result, FAS 131 requires companies to report financial performance based on: o How management organizes its operating segments o How management internally evaluates segment financial performance Summary of Segment Reporting's Impact: SBC will report results for four operating segments - Wireline, Wireless, Directory and Other - in accordance with FAS 131. SBC will also have non-operating segment amounts that reconcile operating segment results to consolidated SBC results. As in the past, SBC's Investor Briefings will contain consolidated income statements with both reported and normalized results down to net income. However, SBC's Investor Briefings will now provide segment income statements that end at income before income taxes and that have been adjusted for normalizing items.1 Other effects of segment reporting include the following changes to SBC's quarterly Investor Briefings: o No separate results or discussion will be provided for Southwestern Bell and Pacific Bell. o Reported results including special items will be available only for consolidated SBC. o Wireless and Directory operations will be discussed in greater detail than before. 1 Because SBC manages its segments based on normalized income before income taxes, this approach for presenting segment results follows FAS 131 requirements which state that disclosures should mirror how management looks at financial performance in order to make operating decisions. The following financial schedules are intended to assist shareowners and analysts in modeling SBC by providing historical financial and operational results on a segment basis. The financial schedules include other restatements for all periods as highlighted below. Other Changes Included in Financial Statements: o Results reflect the Southern New England Telecommunications (SNET) merger as a pooling of interests and include conforming accounting changes related to pension and postretirement benefits at SNET. o Reclassification of all Cost of Services and Products expenses and Selling, General and Administrative expenses to Operations and Support expenses. o Reclassification of voice messaging revenues from Other Revenues to Local Service. o Reclassification of amounts collected for gross receipt taxes from Local Service revenue to Operations and Support expense to net with gross receipt remittances. o Reclassification of federal USF payments from Operations and Support expense to Network Access revenue to net all USF activity. o Reclassification of Wireless Local Service revenue and wireless-related Long Distance revenue to Wireless Subscriber revenue on SBC consolidated income statements. Segment Definitions - ------------------------------------------------------------------------------ Wireline Segment: Provides landline telecommunications services Revenue Line including: - ------------------------------------------------------------------------------ o Exchange access lines o Vertical services including voice messaging o Local data transport services including Local Service Asymmetrical Digital Subscriber Line (ADSL) o Resold lines - ------------------------------------------------------------------------------ o Usage-based switched access o Dedicated transport for special access o Access-line related charges, e.g., Subscriber Network Access Line Charges (SLC), Presubscribed Interexchange Carrier Charges (PICC) o Net Federal Universal Service Fund (USF) activity - ------------------------------------------------------------------------------ o Intralata toll traffic o Interlata long distance voice and data services Long Distance Service provided to Connecticut customers - ------------------------------------------------------------------------------ o Consumer customer premise equipment o Business systems o Network integration o Internet access Other o Inside wire maintenance contracts o Billing and collection agreements o Enhanced consumer white-page listings - ------------------------------------------------------------------------------ - ------------------------------------------------------------------------------ Wireless Segment Provides domestic wireless services including: Revenue Line - ------------------------------------------------------------------------------ o Cellular and PCS local, long distance and Subscriber Revenues roaming services - ------------------------------------------------------------------------------ o Cellular and PCS handsets Other Revenues o Interconnection revenues for terminating traffic - ------------------------------------------------------------------------------ - ----------------------------------------------------------------------------- Directory Segment Performs directory-related functions including: Revenue Line - ------------------------------------------------------------------------------ o Selling and publishing yellow-pages advertising o Publishing white-pages directories o Selling enhanced business white-pages listings Operating Revenues o Providing non-directory-related advertising, e.g., Internet services, coupon design, production and distribution - ------------------------------------------------------------------------------ - ------------------------------------------------------------------------------ Other Segment Includes: Income Statement Line - ------------------------------------------------------------------------------ o International Operations Various lines including Equity in Net Income of Affiliates - ------------------------------------------------------------------------------ o Other domestic operations Other Revenue and various expense lines - ------------------------------------------------------------------------------ - ------------------------------------------------------------------------------ Reconciling Items Reconcile operating segment results to consolidated SBC results. Include: Income Statement Line - ------------------------------------------------------------------------------ o Corporate activities o Intersegment eliminations All o All other adjustments - ------------------------------------------------------------------------------ SBC Communications Inc. - -------------------------------------------------------------------------------- Consolidated Statements of Income (Unaudited) (Dollars in Millions, Except per Share Amounts) - -------------------------------------------------------------------------------- Nine Three Months Ended Months ---------------------------- Ended 3/31/98 6/30/98 9/30/98 9/30/98 - ------------------------------------------------------------------ --------- Operating Revenues Landline local service $ 2,682 $ 2,777 $ 2,832 $ 8,291 Wireless subscriber 867 955 975 2,797 Network access 1,603 1,644 1,614 4,861 Long-distance service 590 593 608 1,791 Directory advertising 550 436 503 1,489 Other 563 625 684 1,872 - ------------------------------------------------------------------ --------- Total Operating Revenues 6,855 7,030 7,216 21,101 - ------------------------------------------------------------------ --------- Operating Expenses Operations and support 3,879 3,978 4,072 11,929 - ------------------------------------------------------------------ --------- EBITDA * 2,976 3,052 3,144 9,172 - ------------------------------------------------------------------ --------- Depreciation and amortization 1,201 1,235 1,241 3,677 - ------------------------------------------------------------------ --------- Total Operating Expenses 5,080 5,213 5,313 15,606 - ------------------------------------------------------------------ --------- Operating Income 1,775 1,817 1,903 5,495 - ------------------------------------------------------------------ --------- Interest Expense 256 260 244 760 - ------------------------------------------------------------------ --------- Equity in Net Income of Affiliates 53 73 55 181 - ------------------------------------------------------------------ --------- Other Income (Expense) - Net (39) (39) 287 209 - ------------------------------------------------------------------ --------- Income Before Income Taxes and Cumulative Effect of Accounting Change 1,533 1,591 2,001 5,125 - ------------------------------------------------------------------ --------- Income Taxes 563 571 739 1,873 - ------------------------------------------------------------------ --------- Income Before Cumulative Effect of Accounting Change 970 1,020 1,262 3,252 - ------------------------------------------------------------------ --------- Cumulative Effect of Accounting Change, net of tax 15 - - 15 - ------------------------------------------------------------------ --------- Net Income $ 985 $ 1,020 $ 1,262 $ 3,267 ================================================================== ========= Basic Earnings Per Share: Income Before Cumulative Effect of Accounting Change $ 0.49 $ 0.52 $ 0.65 $ 1.66 Net Income $ 0.50 $ 0.52 $ 0.65 $ 1.67 Diluted Earnings Per Share: Income Before Cumulative Effect of Accounting Change $ 0.49 $ 0.51 $ 0.64 $ 1.64 Net Income $ 0.50 $ 0.51 $ 0.64 $ 1.65 - ---------------------------------------------------------------- --------- *EBITDA = Earnings Before Interest, Taxes, Depreciation and Amortization.
SBC Communications Inc. - -------------------------------------------------------------------------------- Consolidated Statements of Income (Unaudited) (Dollars in Millions, Except per Share Amounts) - -------------------------------------------------------------------------------- Three Months Ended Year ---------------------------------- Ended 3/31/97 6/30/97 9/30/97 12/31/97 12/31/97 - ------------------------------------------------------------------ --------- Operating Revenues Landline local service $ 2,460 $ 2,560 $ 2,635 $ 2,679 $ 10,334 Wireless subscriber 761 839 881 891 3,372 Network access 1,590 1,461 1,579 1,585 6,215 Long-distance service 603 590 599 560 2,352 Directory advertising 512 414 546 808 2,280 Other 479 508 550 591 2,128 - ------------------------------------------------------------------ --------- Total Operating Revenues 6,405 6,372 6,790 7,114 26,681 - ------------------------------------------------------------------ --------- Operating Expenses Operations and support 3,560 5,463 4,036 4,743 17,802 - ------------------------------------------------------------------ --------- EBITDA * 2,845 909 2,754 2,371 8,879 - ------------------------------------------------------------------ --------- Depreciation and amortization 1,160 1,740 1,181 1,220 5,301 - ------------------------------------------------------------------ --------- Total Operating Expenses 4,720 7,203 5,217 5,963 23,103 - ------------------------------------------------------------------ --------- Operating Income (Loss) 1,685 (831) 1,573 1,151 3,578 - ------------------------------------------------------------------ --------- Interest Expense 237 268 262 276 1,043 - ------------------------------------------------------------------ --------- Equity in Net Income of Affiliates 27 54 62 58 201 - ------------------------------------------------------------------ --------- Other Income (Expense) - Net (20) (60) (23) 25 (78) - ------------------------------------------------------------------ --------- Income (Loss) Before Income Taxes 1,455 (1,105) 1,350 958 2,658 - ------------------------------------------------------------------ --------- Income Taxes 554 (369) 483 316 984 - ------------------------------------------------------------------ --------- Net Income (Loss) $ 901 $ (736) $ 867 $ 642 $ 1,674 ================================================================== ========= Basic Earnings (Loss) Per Share $ 0.46 $ (0.38) $ 0.45 $ 0.33 $ 0.86 Diluted Earnings (Loss) Per Share $ 0.46 $ (0.38) $ 0.44 $ 0.33 $ 0.85 - ------------------------------------------------------------------ --------- *EBITDA = Earnings Before Interest, Taxes, Depreciation and Amortization.
SBC Communications Inc. - -------------------------------------------------------------------------------- Consolidated Statements of Income - Normalized (Unaudited) (Dollars in Millions, Except per Share Amounts) - -------------------------------------------------------------------------------- Nine Three Months Ended Months --------------------------- Ended 3/31/98 6/30/98 9/30/98 9/30/98 - ----------------------------------------------------------------- ---------- Operating Revenues Landline local service $ 2,682 $ 2,777 $ 2,832 $ 8,291 Wireless subscriber 867 955 975 2,797 Network access 1,603 1,644 1,614 4,861 Long-distance service 590 593 608 1,791 Directory advertising 550 436 503 1,489 Other 563 625 684 1,872 - ----------------------------------------------------------------- ---------- Total Operating Revenues 6,855 7,030 7,216 21,101 - ----------------------------------------------------------------- ---------- Operating Expenses Operations and support 3,879 3,978 4,072 11,929 - ----------------------------------------------------------------- ---------- EBITDA * 2,976 3,052 3,144 9,172 - ----------------------------------------------------------------- ---------- Depreciation and amortization 1,201 1,235 1,241 3,677 - ----------------------------------------------------------------- ---------- Total Operating Expenses 5,080 5,213 5,313 15,606 - ----------------------------------------------------------------- ---------- Operating Income 1,775 1,817 1,903 5,495 - ----------------------------------------------------------------- ---------- Interest Expense 256 260 244 760 - ----------------------------------------------------------------- ---------- Equity in Net Income of Affiliates 53 73 55 181 - ----------------------------------------------------------------- ---------- Other Income (Expense) - Net (39) (39) (71) (149) - ----------------------------------------------------------------- ---------- Income Before Income Taxes and Cumulative Effect of Accounting Change 1,533 1,591 1,643 4,767 - ----------------------------------------------------------------- ---------- Income Taxes 563 571 600 1,734 - ----------------------------------------------------------------- ---------- Income Before Cumulative Effect of Accounting Change 970 1,020 1,043 3,033 - ----------------------------------------------------------------- ---------- Cumulative Effect of Accounting Change, net of tax 15 - - 15 - ----------------------------------------------------------------- ---------- Net Income $ 985 $ 1,020 $ 1,043 $ 3,048 ================================================================= ========== Basic Earnings Per Share: Income Before Cumulative Effect of Accounting Change $ 0.49 $ 0.52 $ 0.53 $ 1.55 Net Income $ 0.50 $ 0.52 $ 0.53 $ 1.56 Diluted Earnings Per Share: Income Before Cumulative Effect of Accounting Change $ 0.49 $ 0.51 $ 0.53 $ 1.53 Net Income $ 0.50 $ 0.51 $ 0.53 $ 1.54 - ----------------------------------------------------------------- ---------- *EBITDA = Earnings Before Interest, Taxes, Depreciation and Amortization.
SBC Communications Inc. - -------------------------------------------------------------------------------- Consolidated Statements of Income - Normalized (Unaudited) (Dollars in Millions, Except per Share Amounts) - -------------------------------------------------------------------------------- Three Months Ended Year ----------------------------------- Ended 3/31/97 6/30/97 9/30/97 12/31/97 12/31/97 - ------------------------------------------------------------------- ---------- Operating Revenues Landline local service $ 2,460 $ 2,574 $ 2,635 $ 2,679 $ 10,348 Wireless subscriber 761 839 881 891 3,372 Network access 1,590 1,615 1,579 1,585 6,369 Long-distance service 603 592 599 560 2,354 Directory advertising 512 414 546 808 2,280 Other 479 526 550 591 2,146 - ------------------------------------------------------------------- ---------- Total Operating Revenues 6,405 6,560 6,790 7,114 26,869 - ------------------------------------------------------------------- ---------- Operating Expenses Operations and support 3,712 3,850 4,019 4,275 15,856 - ------------------------------------------------------------------- ---------- EBITDA * 2,693 2,710 2,771 2,839 11,013 - ------------------------------------------------------------------- ---------- Depreciation and amortization 1,160 1,147 1,181 1,209 4,697 - ------------------------------------------------------------------- ---------- Total Operating Expenses 4,872 4,997 5,200 5,484 20,553 - ------------------------------------------------------------------- ---------- Operating Income 1,533 1,563 1,590 1,630 6,316 - ------------------------------------------------------------------- ---------- Interest Expense 237 241 262 276 1,016 - ------------------------------------------------------------------- ---------- Equity in Net Income of Affiliates 27 54 62 58 201 - ------------------------------------------------------------------- ---------- Other Income (Expense) - Net (20) (34) (23) (23) (100) - ------------------------------------------------------------------- ---------- Income Before Income Taxes 1,303 1,342 1,367 1,389 5,401 - ------------------------------------------------------------------- ---------- Income Taxes 492 483 490 486 1,951 - ------------------------------------------------------------------- ---------- Net Income $ 811 $ 859 $ 877 $ 903 $ 3,450 =================================================================== ========== Basic Earnings Per Share $ 0.42 $ 0.44 $ 0.45 $ 0.46 $ 1.77 Diluted Earnings Per Share $ 0.42 $ 0.44 $ 0.45 $ 0.46 $ 1.76 - ------------------------------------------------------------------- ---------- *EBITDA = Earnings Before Interest, Taxes, Depreciation and Amortization.
SBC Communications Inc. - -------------------------------------------------------------------------------- Consolidated Statements of Income - Normalized Wireline (Unaudited) (Dollars in Millions) - -------------------------------------------------------------------------------- Nine Three Months Ended Months ---------------------------- Ended 3/31/98 6/30/98 9/30/98 9/30/98 - --------------------------------------------------------- ---------- Operating Revenues Local service $ 2,707 $ 2,801 $ 2,829 $ 8,337 Network access 1,603 1,644 1,622 4,869 Long-distance service 589 592 608 1,789 Other 471 486 609 1,566 - --------------------------------------------------------- ---------- Total Operating Revenues 5,370 5,523 5,668 16,561 - --------------------------------------------------------- ---------- Operating Expenses Operations and support 3,026 3,057 3,163 9,246 - --------------------------------------------------------- ---------- EBITDA * 2,344 2,466 2,505 7,315 - --------------------------------------------------------- ---------- Depreciation and amortization 1,029 1,055 1,078 3,162 - --------------------------------------------------------- ---------- Total Operating Expenses 4,055 4,112 4,241 12,408 - --------------------------------------------------------- ---------- Operating Income 1,315 1,411 1,427 4,153 - --------------------------------------------------------- ---------- Interest Expense 209 218 215 642 - --------------------------------------------------------- ---------- Equity in Net Income of Affiliates - - - - - --------------------------------------------------------- ---------- Other Income (Expense) - Net (13) 4 (1) (10) - --------------------------------------------------------- ---------- Income Before Income Taxes $ 1,093 $ 1,197 $ 1,211 $ 3,501 ========================================================= ========== Three Months Ended Year ----------------------------------- Ended 3/31/97 6/30/97 9/30/97 12/31/97 12/31/97 - ------------------------------------------------------------------ ---------- Operating Revenues Local service $ 2,483 $ 2,597 $ 2,659 $ 2,695 $ 10,434 Network access 1,593 1,614 1,583 1,588 6,378 Long-distance service 603 591 598 559 2,351 Other 395 426 455 487 1,763 - ------------------------------------------------------------------ ---------- Total Operating Revenues 5,074 5,228 5,295 5,329 20,926 - ------------------------------------------------------------------ ---------- Operating Expenses Operations and support 2,910 3,004 3,087 3,290 12,291 - ------------------------------------------------------------------ ---------- EBITDA * 2,164 2,224 2,208 2,039 8,635 - ------------------------------------------------------------------ ---------- Depreciation and amortization 1,025 1,006 1,017 1,047 4,095 - ------------------------------------------------------------------ ---------- Total Operating Expenses 3,935 4,010 4,104 4,337 16,386 - ------------------------------------------------------------------ ---------- Operating Income 1,139 1,218 1,191 992 4,540 - ------------------------------------------------------------------ ---------- Interest Expense 201 197 217 222 837 - ------------------------------------------------------------------ ---------- Equity in Net Income of Affiliates (2) (3) - - (5) - ------------------------------------------------------------------ ---------- Other Income (Expense) - Net 2 (1) 34 3 38 - ------------------------------------------------------------------ ---------- Income Before Income Taxes $ 938 $ 1,017 $ 1,008 $ 773 $ 3,736 ================================================================== ========== * EBITDA = Earnings Before Interest, Taxes, Depreciation and Amortization.
SBC Communications Inc. - -------------------------------------------------------------------------------- Consolidated Statements of Income - Normalized Wireless (Unaudited) (Dollars in Millions) - -------------------------------------------------------------------------------- Nine Three Months Ended Months ---------------------------- Ended 3/31/98 6/30/98 9/30/98 9/30/98 - ----------------------------------------------------------- --------- Operating Revenues Subscriber Revenues $ 867 $ 956 $ 974 $ 2,797 Other 80 90 98 268 - ----------------------------------------------------------- --------- Total Operating Revenues 947 1,046 1,072 3,065 - ----------------------------------------------------------- --------- Operating Expenses Operations and support 634 676 682 1,992 - ----------------------------------------------------------- --------- EBITDA * 313 370 390 1,073 - ----------------------------------------------------------- --------- Depreciation and amortization 139 146 146 431 - ----------------------------------------------------------- --------- Total Operating Expenses 773 822 828 2,423 - ----------------------------------------------------------- --------- Operating Income 174 224 244 642 - ----------------------------------------------------------- --------- Interest Expense 45 45 45 135 - ----------------------------------------------------------- --------- Equity in Net Income of Affiliates 2 8 9 19 - ----------------------------------------------------------- --------- Other Income (Expense) - Net (36) (39) (59) (134) - ----------------------------------------------------------- --------- Income Before Income Taxes $ 95 $ 148 $ 149 $ 392 =========================================================== ========= Three Months Ended Year ------------------------------------- Ended 3/31/97 6/30/97 9/30/97 12/31/97 12/31/97 - -------------------------------------------------------------------- -------- Operating Revenues Subscriber Revenues $ 761 $ 839 $ 881 $ 891 $ 3,372 Other 64 76 89 96 325 - -------------------------------------------------------------------- -------- Total Operating Revenues 825 915 970 987 3,697 - -------------------------------------------------------------------- -------- Operating Expenses Operations and support 527 617 697 769 2,610 - -------------------------------------------------------------------- -------- EBITDA * 298 298 273 218 1,087 - -------------------------------------------------------------------- -------- Depreciation and amortization 107 112 137 135 491 - -------------------------------------------------------------------- -------- Total Operating Expenses 634 729 834 904 3,101 - -------------------------------------------------------------------- -------- Operating Income 191 186 136 83 596 - -------------------------------------------------------------------- -------- Interest Expense 30 32 45 45 152 - -------------------------------------------------------------------- -------- Equity in Net Income of Affiliates 6 4 4 (5) 9 - -------------------------------------------------------------------- -------- Other Income (Expense) - Net (21) (32) (19) (26) (98) - -------------------------------------------------------------------- -------- Income Before Income Taxes $ 146 $ 126 $ 76 $ 7 $ 355 ==================================================================== ======== * EBITDA = Earnings Before Interest, Taxes, Depreciation and Amortization.
SBC Communications Inc. - -------------------------------------------------------------------------------- Consolidated Statements of Income - Normalized Directory (Unaudited) (Dollars in Millions) - -------------------------------------------------------------------------------- Nine Three Months Ended Months ------------------------------ Ended 3/31/98 6/30/98 9/30/98 9/30/98 - --------------------------------------------------------- ---------- Operating Revenues $ 554 $ 441 $ 474 $ 1,469 - --------------------------------------------------------- ---------- Operating Expenses Operations and support 298 264 255 817 - --------------------------------------------------------- ---------- EBITDA * 256 177 219 652 - --------------------------------------------------------- ---------- Depreciation and amortization 9 8 7 24 - --------------------------------------------------------- ---------- Total Operating Expenses 307 272 262 841 - --------------------------------------------------------- ---------- Operating Income 247 169 212 628 - --------------------------------------------------------- ---------- Interest Expense 3 3 2 8 - --------------------------------------------------------- ---------- Other Income (Expense) - Net 3 - 2 5 - --------------------------------------------------------- ---------- Income Before Income Taxes $ 247 $ 166 $ 212 $ 625 ========================================================= ========== Three Months Ended Year ---------------------------------------- Ended 3/31/97 6/30/97 9/30/97 12/31/97 12/31/97 - ------------------------------------------------------------------ ---------- Operating Revenues $ 522 $ 419 $ 531 $ 814 $ 2,286 - ------------------------------------------------------------------ ---------- Operating Expenses Operations and support 293 266 303 368 1,230 - ------------------------------------------------------------------ ---------- EBITDA * 229 153 228 446 1,056 - ------------------------------------------------------------------ ---------- Depreciation and amortization 7 7 7 7 28 - ------------------------------------------------------------------ ---------- Total Operating Expenses 300 273 310 375 1,258 - ------------------------------------------------------------------ ---------- Operating Income 222 146 221 439 1,028 - ------------------------------------------------------------------ ---------- Interest Expense 2 1 - 1 4 - ------------------------------------------------------------------ ---------- Other Income (Expense) - Net 4 3 6 6 19 - ------------------------------------------------------------------ ---------- Income Before Income Taxes $ 224 $ 148 $ 227 $ 444 $ 1,043 ================================================================== ========== * EBITDA = Earnings Before Interest, Taxes, Depreciation and Amortization.
SBC Communications Inc. - -------------------------------------------------------------------------------- Consolidated Statements of Income - Normalized Other (Unaudited) (Dollars in Millions) - -------------------------------------------------------------------------------- Nine Three Months Ended Months ---------------------------- Ended 3/31/98 6/30/98 9/30/98 9/30/98 - ---------------------------------------------------------- --------- Operating Revenues $ 18 $ 21 $ 24 $ 63 - ---------------------------------------------------------- --------- Operating Expenses 24 27 30 81 - ---------------------------------------------------------- --------- Operating Loss (6) (6) (6) (18) - ---------------------------------------------------------- --------- Interest Expense 7 9 11 27 - ---------------------------------------------------------- --------- Equity in Net Income of Affiliates 51 65 46 162 - ---------------------------------------------------------- --------- Other Income (Expense) - Net 104 4 1 109 - ---------------------------------------------------------- --------- Income Before Income Taxes $ 142 $ 54 $ 30 $ 226 ========================================================== ========= Three Months Ended Year -------------------------------------- Ended 3/31/97 6/30/97 9/30/97 12/31/97 12/31/97 - ------------------------------------------------------------------- --------- Operating Revenues $ 8 $ 9 $ 16 $ 24 $ 57 - ------------------------------------------------------------------- --------- Operating Expenses 15 16 21 41 93 - ------------------------------------------------------------------- --------- Operating Loss (7) (7) (5) (17) (36) - ------------------------------------------------------------------- --------- Interest Expense 2 7 8 8 25 - ------------------------------------------------------------------- --------- Equity in Net Income of Affiliates 28 57 58 63 206 - ------------------------------------------------------------------- --------- Other Income (Expense) - Net 4 11 25 7 47 - ------------------------------------------------------------------- --------- Income Before Income Taxes $ 23 $ 54 $ 70 $ 45 $ 192 =================================================================== =========
SBC Communications Inc. - ------------------------------------------------------------------------------------------- Supplementary Financial and Operating Data (Unaudited) (Dollars in Millions, Except per Share Amounts) - ------------------------------------------------------------------------------------------- Nine Months Ended 3/31/98 6/30/98 9/30/98 9/30/98 - ------------------------------------------------------------------- ---------- Analytical and Operating Information For the period ended: Access Minutes of Use (000,000) 35,671 37,135 38,063 110,869 Capital Expenditures $ 1,175 $ 1,556 $ 1,460 $ 4,191 Capital Expenditures - Wireline $ 1,048 $ 1,372 $ 1,334 $ 3,754 Capital Expenditures - Wireless $ 111 $ 159 $ 110 $ 380 Dividends Declared Per Share * $0.23375 $0.23375 $0.23375 $0.70125 Weighted Average Common Shares Outstanding (000,000) 1,957 1,958 1,955 1,956 Weighted Average Common Shares Outstanding With Dilution (000,000) 1,983 1,985 1,980 1,983 End of Period Common Shares Outstanding (000,000) 1,958 1,957 1,953 1,953 As of: Debt Ratio 56.41% 54.42% 51.42% 51.42% Total Employees 129,000 129,800 129,000 129,000 Access Lines Served (000) 36,253 36,548 36,944 36,944 Residence 22,740 22,872 23,123 23,123 Business 13,025 13,186 13,329 13,329 Other 488 490 492 492 Resold Lines (000) 632 677 748 748 Domestic Wireless Operations - -------------------------------------- As of or for the period ended: Wireless Customers (000) ** 6,070 6,305 6,467 6,467 Net Adds (000) 119 235 162 516 POPs (000) 84,035 84,035 84,035 84,035 SBC International - -------------------------------------- As of or for the period ended: Total customers of SBC International's affiliates Access Lines (000) 13,612 14,596 15,019 15,019 Wireless (000): Subscribers 5,064 5,895 6,976 6,976 Net Adds 621 831 1,081 2,533 Video Subscribers (000) 654 789 811 811 SBC's proportionate interest of SBC International's affiliates Access Lines (000) 1,726 1,858 1,937 1,937 Wireless (000): Subscribers 532 619 731 731 Net Adds 73 87 112 272 Video Subscribers (000) 265 329 340 340 * Dividends declared by SBC's Board of Directors; these amounts do not include dividends declared and paid by Southern New England Telecommunications Corporation prior to the merger with SBC. ** Includes acquisitions and Houston/Austin customers. - -----------------------------------------------------------------------------
SBC Communications Inc. - ------------------------------------------------------------------------------------------ Supplementary Financial and Operating Data (Unaudited) (Dollars in Millions, Except per Share Amounts) - ------------------------------------------------------------------------------------------ Year Ended 3/31/97 6/30/97 9/30/97 12/31/97 12/31/97 - ----------------------------------------------------------------------------- --------- Analytical and Operating Information For the period ended: Access Minutes of Use (000,000) 33,412 34,739 35,451 35,868 139,470 Capital Expenditures $ 1,352 $ 1,625 $ 1,484 $ 1,769 $ 6,230 Capital Expenditures - Wireline $ 1,172 $ 1,377 $ 1,275 $ 1,451 $ 5,275 Capital Expenditures - Wireless $ 157 $ 187 $ 173 $ 259 $ 776 Dividends Declared Per Share * $0.22375 $0.22375 $0.22375 $0.22375 $0.89500 Weighted Average Common Shares Outstanding (000,000) 1,940 1,941 1,945 1,951 1,945 Weighted Average Common Shares Outstanding With Dilution (000,000) 1,954 1,956 1,962 1,975 1,962 End of Period Common Shares Outstanding (000,000) 1,940 1,943 1,947 1,954 1,954 As of: Debt Ratio 57.38% 60.53% 59.66% 57.07% 57.07% Total Employees 122,900 127,800 128,100 128,100 128,100 Access Lines Served (000) 34,481 34,811 35,309 35,727 35,727 Residence 21,795 21,908 22,173 22,400 22,400 Business 12,209 12,421 12,652 12,841 12,841 Other 477 482 484 486 486 Resold Lines (000) 120 205 351 533 533 Domestic Wireless Operations - -------------------------------------- As of or for the period ended: Wireless Customers (000) ** 5,087 5,382 5,664 5,951 5,951 Net Adds (000) 260 295 282 287 1,124 POPs (000) 58,408 66,315 83,737 84,036 84,036 SBC International *** - -------------------------------------- As of or for the period ended: Total customers of SBC International's affiliates Access Lines (000) 8,605 12,964 13,310 13,526 13,526 Wireless (000): Subscribers 2,216 2,746 3,488 4,443 4,443 Net Adds 341 530 742 955 2,568 Video Subscribers (000) 610 630 663 668 668 SBC's proportionate interest of SBC International's affiliates Access Lines (000) 853 1,635 1,687 1,713 1,713 Wireless (000): Subscribers 233 283 355 459 459 Net Adds 36 50 72 104 262 Video Subscribers (000) 248 255 266 268 268 * Dividends declared by SBC's Board of Directors; these amounts do not include dividends declared and paid by Southern New England Telecommunications Corporation and Pacific Telesis Group prior to their respective mergers with SBC. ** Includes acquisitions and Houston/Austin customers. *** 1997 amounts represent SBC's historical interest in current international investments. - ------------------------------------------------------------------------------------------
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