SBC Communications Inc. *SBC* (NYSE)Up the trail from Texas with a herd of telecom operations comes SBC Communications, now the #1 local phone outfit in the US (ahead of Bell Atlantic) after its purchase of Ameritech, the Midwestern Baby Bell. SBC operates nearly 60 million access lines in Arkansas, California, Connecticut, Illinois, Indiana, Kansas, Michigan, Missouri, Nevada, Ohio, Oklahoma, Texas, and Wisconsin. It has taken a stake in Williams Communications, which has a national fiber-optic network, to prepare for the day it is allowed to enter the long-distance arena. SBC has more than 10 million wireless phone subscribers in 22 states, Internet access and paging businesses, and stakes in telecom operations in 22 countries outside the US. .
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