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Industry Center - Diversified Communication Services
Industry Center > Diversified Communication Services > BellSouth Corporation Company Profile
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BellSouth Corporation Company Profile
The original Southern Bell, BellSouth is the incumbent local exchange carrier (ILEC) for nine states from Louisiana to Kentucky. In spite of a decrease in demand for local wireline services, the Baby Bell has more than 20 million access lines in service. In late 2006 BellSouth was acquired by AT&T (formerly SBC Communications) in a deal valued at $86 billion, making it the world's largest telecom operator by market capitalization. Prior to the acquisition, BellSouth owned 40% of Cingular Wireless (now AT&T Mobility), the #1 mobile phone operator in the US; the deal gave AT&T complete control of the wireless carrier. BellSouth, now also known as AT&T Southeast, expects to incur 10,000 job cuts by 2009.
Headlines for BellSouth Corporation
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Contact Information
Address: 754 Peachtree St. NE
Atlanta, GA 30308
Financial Highlights
Fiscal Year End:December
Key People
Chairman Emeritus: F. Duane Ackerman
President and CEO: Rod D. Odom Jr.
Chief Integration Officer: Richard Burns
Industry Information
Sector: Technology
Industry: Diversified Communication Services
Top Competitors
ALLTEL Corporation
ITC^DeltaCom, Inc.
Sprint Nextel Corporation (s)

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