AT&T Extends Agreement With Comcast

AT&T Extends Agreement With Comcast

New Networking Contract Expands Support for Comcast Digital Voice Service

BEDMINSTER, N.J., July 27 /PRNewswire/ -- AT&T today announced a new contract with Comcast, the nation's leading provider of cable, entertainment and communications products and services. The new contract extends AT&T's existing network support to Comcast's new voice service, known as Comcast Digital Voice, which enables voice communications using Internet Protocol (IP).

(Logo: http://www.newscom.com/cgi-bin/prnh/19991018/ATT )

The new agreement establishes AT&T Global Wholesale Services as a key supplier of the nationwide transport and termination services that will enable Comcast Digital Voice customers to enjoy higher quality telephony services.

"We are pleased to continue our relationship with AT&T," said Catherine Avgiris, senior vice president, finance and administration of Comcast Voice Services. "AT&T's networking expertise, coupled with their nationwide coverage, provides us with additional means to deliver valuable services like our differentiated IP-based phone offering -- Comcast Digital Voice -- to our customers."

"It's always rewarding to do business with an important customer like Comcast," said Kathie Morrissey, president, AT&T Global Wholesale Services. "For years, AT&T has been applying its unique networking expertise to enable cable companies to evolve their businesses. Our flexible approach to networking provides Comcast the choices they require to deliver their services -- whether connectivity, voice services, content delivery, hosting, call center solutions or applications."

AT&T serves the wholesale market with a comprehensive portfolio to help businesses extend their reach, strengthen their network infrastructure, add operational efficiency and complement their existing offer sets with new value-add application services, as well as solutions that are unique to the wholesale segment.

In October 2004, the Yankee Group ranked AT&T "No. 1 Wholesale Services Provider" and, in 2005, Boston-based consultancy Atlantic-ACM recognized AT&T Global Wholesale Services with "2005 U.S. Wholesale Carrier Excellence Awards" -- for Voice Services, Data Services, Customer Service and Sales Representatives.

For more information on AT&T Global Wholesale Services, visit http://www.att.com/wholesale/.

About AT&T

For more than 125 years, AT&T (NYSE:T) has been known for unparalleled quality and reliability in communications. Backed by the research and development capabilities of AT&T Labs, the company is a global leader in local, long distance, Internet and transaction-based voice and data services.

About Comcast Corporation

Comcast Corporation (http://www.comcast.com/) is the nation's leading provider of cable, entertainment and communications products and services. With 21.5 million cable customers, 7.4 million high-speed Internet customers, and 1.2 million voice customers, Comcast is principally involved in the development, management and operation of broadband cable networks and in the delivery of programming content.

The Company's content networks and investments include E! Entertainment Television, Style Network, The Golf Channel, Outdoor Life Network, G4, AZN Television, PBS KIDS Sprout, TV One and four Comcast SportsNets. The Company also has a majority ownership in Comcast-Spectacor, whose major holdings include the Philadelphia Flyers NHL hockey team, the Philadelphia 76ers NBA basketball team and two large multipurpose arenas in Philadelphia.

AT&T "Safe Harbor"

The foregoing contains "forward-looking statements" which are based on management's beliefs as well as on a number of assumptions concerning future events made by and information currently available to management. Readers are cautioned not to put undue reliance on such forward-looking statements, which are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside AT&T's control, that could cause actual results to differ materially from such statements. These risk factors include the impact of increasing competition, continued capacity oversupply, regulatory uncertainty and the effects of technological substitution, among other risks. For a more detailed description of the factors that could cause such a difference, please see AT&T's 10-K, 10-Q, 8-K and other filings with the Securities and Exchange Commission. AT&T disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. This information is presented solely to provide additional information to further understand the results of AT&T.

Photo: http://www.newscom.com/cgi-bin/prnh/19991018/ATT Source: AT&T

CONTACT: Andy Backover, AT&T, +1-908-234-8632, backover@att.com; Jeanne Russo of Comcast, +1-215-981-8552, Jeanne_Russo@Comcast.com

Web site: http://www.att.com/ http://www.comcast.com/ http://www.att.com/wholesale

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