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BellSouth Corporation

BLS

BellSouth Corporation is a communications services company. BellSouth operates in three groups: Communications Group, Domestic Wireless and, Advertising and Publishing Group. BellSouth has ownership of approximately 40% of Cingular Wireless. BellSouth provides communications service in the southeastern United States, serving substantial portions of the population within Alabama, Florida, Kentucky, Louisiana, Georgia, Mississippi, North Carolina, South Carolina and Tennessee. BellSouth also publishes telephone directories in the United States. In October 2004, Cingular purchased AT&T Wireless. BellSouth sold its Latin American operations to Telefónica Móviles in transactions that closed, during the year ended December 2004, and early 2005. In January 2005, Telfonica Moviles, S.A. acquired all of the Company's mobile operators in Latin America with the purchase of 100% of Movicom, BellSouth's wireless operator in Argentina.

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