AT&T Announces Purchase of Edge Wireless

San Antonio, Texas, December 3, 2007

AT&T Inc. (NYSE:T) has announced that AT&T, through an affiliate, has entered into a definitive agreement with Edge Wireless Holding Company to acquire full ownership in Edge Wireless LLC ("Edge Wireless"), a regional wireless company with approximately 172,000 subscribers that operates in several markets in the Pacific Northwest.

Under the terms of the agreement, AT&T, which has held a minority ownership interest since Edge Wireless' inception in 2000, will acquire the remaining 64.3 percent of the company.

The addition of Edge Wireless' GSM network will complement AT&T's existing GSM networks in Northern California, Oregon, Idaho and Wyoming. AT&T customers will enjoy broader in-network coverage in these areas, and Edge Wireless customers will gain access to AT&T's full portfolio of products and services as well as AT&T's fully integrated GSM network, which now covers more than 290 million people in 13,000 U.S. cities and towns.

The transaction is contingent upon regulatory approval and is expected to close by mid-2008.

Note: This AT&T release and other news announcements are available as part of an RSS feed at www.att.com/rss.

FIND MORE INFORMATION ONLINE
Related Media Kits: Related Fact Sheets:
Related News Releases: Web Sites:

Cautionary Language Concerning Forward-Looking Statements
Information set forth in this news release contains financial estimates and other forward-looking statements that are subject to risks and uncertainties, and actual results may differ materially. A discussion of factors that may affect future results is contained in AT&T's filings with the Securities and Exchange Commission. AT&T disclaims any obligation to update or revise statements contained in this news release based on new information or otherwise. This news release may contain certain non-GAAP financial measures. Reconciliations between the non-GAAP financial measures and the GAAP financial measures are available on the company's Web site at www.att.com/investor.relations. Accompanying financial statements follow. Previously released pro forma comparisons are available on AT&T's Investor Relations Web site at www.att.com/investor.relations.

About AT&T
AT&T Inc. (NYSE:T) is a premier communications holding company. Its subsidiaries and affiliates, AT&T operating companies, are the providers of AT&T services in the United States and around the world. Among their offerings are the world's most advanced IP-based business communications services and the nation's leading wireless, high speed Internet access and voice services. In domestic markets, AT&T is known for the directory publishing and advertising sales leadership of its Yellow Pages and YELLOWPAGES.COM organizations, and the AT&T brand is licensed to innovators in such fields as communications equipment. As part of its three-screen integration strategy, AT&T is expanding its TV entertainment offerings. Additional information about AT&T Inc. and the products and services provided by AT&T subsidiaries and affiliates is available at www.att.com.

© 2007 AT&T Intellectual Property. All rights reserved. AT&T, AT&T logo and all other marks contained herein are trademarks of AT&T Intellectual Property and/or AT&T affiliated companies.