SBC to Offer Bundled Services

SBC Communications Corp., the parent of phone companies Southwestern Bell and Pacific Bell, said it will offer bundled phone, Internet and satellite TV services in Dallas and Fremont, Calif., beginning late this year and that other cities will be offered the service later. Dates have not been set. Monthly package prices will range from $39.95 for local phone service to $136.95 for all three. Discounts will range up to 35% over what prices for individual services would be, it said. SBC will compete directly with AT&T; Corp., which already offers local, long-distance, wireless communications and Internet service on one bill. With its acquisition of cable company Tele-Communications Inc. and a pending takeover of cable company MediaOne Group Inc., AT&T; soon will be able to add cable TV to its package. SBC shares rose $1.13 to close at $52.13 on the NYSE.