Yahoo! and AT&T Wireless Services Team to Bring Yahoo! Everywhere to AT&T Customers - Company Business and Marketing

Cambridge Telcom Report, May 22, 2000

Yahoo! Inc. (Nasdaq:YHOO), a leading global Internet communications, commerce and media company, and AT&T Wireless Services (NYSE:AWE) Thursday announced an agreement to include Yahoo! Web content as part of AT&T Digital PocketNet service. Under the terms of the agreement, Yahoo! will provide a range of popular Yahoo! features to AT&T Wireless PocketNet subscribers.

"We are pleased to be joining with AT&T to extend a range of interactive, personalized Yahoo! services to PocketNet Data Services subscribers," said Jeff Mallett, president and chief operating officer, Yahoo! Inc. "As our Yahoo! Everywhere strategy evolves, we continue to enhance the wireless Internet experience through the introduction of new options and features, including mobile commerce offerings."

Yahoo! users nationwide will have wireless access to personalized content delivered by two-way interactive services and notifications to their AT&T internet-ready phones. Yahoo! will initially deliver five personalized features to AT&T data phones that include Yahoo! Mail, Yahoo! News, Yahoo! Sports and Yahoo! Finance.

"By putting personalized Yahoo! content and services in the hands of AT&T Digital PocketNet subscribers, our customers will have access to the information, services and commerce offerings they really want, when and where they want it," said Kendra VanderMeulen, senior vice president of product development and strategy, AT&T Wireless Services.

Currently, AT&T Digital PocketNet service subscribers will be able to access the following Yahoo! features and content:

-- Yahoo! Mail allows subscribers to view, originate, reply and delete email messages.

-- Yahoo! News provides search capability through categories such as top stories, business, technology, politics, world, health, sports, entertainment and science.

-- Yahoo! Sports provides access to news and sports scores in categories such as football, baseball, hockey, basketball and soccer.

-- Yahoo! Finance provides integrated news and financial information, as well as stock quotes available on demand.

The AT&T Wireless Group (NYSE:AWE) is among the world's premier wireless voice, data and fixed wireless communications companies, serving more than 12.5 million customers, including consumers, businesses, and government. With annual revenues of more than $7 billion and 18,000 employees, AT&T Wireless Group provides services to customers across the globe. Backed by the research and development capabilities of AT&T Labs, the company has one of the largest digital wireless networks in North America. The company's AT&T Digital One Rate offer revolutionized the industry by introducing a national wireless plan with no roaming or long distance charges across the U.S. AT&T Wireless Group was also the first company to provide wireless access to the Internet with AT&T PocketNet Service and the first company to commercially offer residential fixed wireless service through its AT&T Digital Broadband Service.

Yahoo! Inc. is a global Internet communications, commerce and media company that offers a comprehensive branded network of services to more than 145 million individuals each month worldwide. As the first online navigational guide to the Web, www.yahoo.com is the leading guide in terms of traffic, advertising, household and business user reach, and is one of the most recognized brands associated with the Internet. The company also provides online business services designed to enhance the Web presence of Yahoo!'s clients, including audio and video streaming, store hosting and management, and Web site tools and services. The company's global Web network includes 22 local World properties outside the United States. Yahoo! has offices in Europe, the Asia Pacific, Latin America, Canada and the United States, and is headquartered in Santa Clara, Calif.