 In a merger announced on March 5, 2006, and executed on December 29, 2006, AT&T Inc. (originally SBC Communications) acquired BellSouth for approximately $86 billion (1.325 shares of AT&T for each share of BellSouth).The merger also consolidated ownership of Cingular Wireless and Yellowpages.com, both of which were joint ventures between BellSouth and AT&T.With the merger completed, wireless services previously offered by Cingular Wireless were then offered under the AT&T name, and BellSouth Telecommunications (a subsidiary of Bell Operating Company) began doing business as AT&T Southeast.