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AT&T to buy BellSouth for $67 billion

March 5, 2006 The combined company would generate about $130 billion in sales and serve nearly 70 million local phone customers. TAGS: BellSouth Corp., AT&T Corp., telephone company, local phone company, acquisition, SBC Communications Inc., merger, Verizon Communications, Cingular Wireless, Qwest Communications Inc., telecommunications, Texas, cable company, state, U.S., TV
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