In January 1998, SBC announced it would take over the Southern New England Telephone Company (SNET) for $4.4 billion in stock (the FCC would approve in October 1998).
I januar 1998 annoncerede SBC at de havde opkøbt Southern New England Telecommunications Corp. (SNET) for $4,4 mia. aktiekapital (overtagelsen blev godkendt af FCC i oktober 1998).