New Chief Financial Officer Joins AT&T/BT Global Venture; PricewaterhouseCoopers Partner Brings 20 Years of Financing, Acquisitions Experience - R. Wayne Jackson - Company Operations

Cambridge Telcom Report, March 20, 2000

Concert, the AT&T/BT global communications venture, Monday announced that R. Wayne Jackson, will become the company's chief financial officer (CFO), effective immediately.

Jackson, 42, is joining Concert from PricewaterhouseCoopers LLP, where he has worked for 20 years and been a partner since 1991. Jackson will report directly to David Dorman, Concert's chief executive officer.

"I'm very pleased to be joining Concert," said Jackson. "I see a great opportunity to help drive the company's overall financial growth and performance in a booming market and industry, where we have the opportunity of a lifetime to serve business customers' global needs."

While at PricewaterhouseCoopers, Jackson worked on financing arrangements and acquisitions for large multinational companies totaling more than $100 billion . Among his clients were BellSouth, Turner Broadcasting System, MCA and Sony Pictures. In addition, Jackson was responsible for PricewaterhouseCoopers' Southeast region Technology and Communications Group, which comprises more than 100 partners and managers.

A 1979 graduate of the University of Alabama, Jackson is a native of Georgia and currently lives in Atlanta with his wife, Nancy Stelten Jackson, and their three children.

Concert, a $7 billion global venture of AT&T and BT, serves the global communications needs of multinational companies (MNCs), international carriers and Internet Service Providers worldwide with a comprehensive portfolio of voice, data and Internet services. It has a direct sales force serving the world's top MNC's. Through its network of 47 distributors, it also serves an additional 29,000 customers worldwide. Concert's frame relay network serves every major city in the U.S. and the UK and extends to an additional 170 cities in 47 countries, while its global public network directly reaches 237 countries. For more information about Concert, go to www.concert.com.