Is SBC owned by Verizon?

[Scottastic]

Originally Posted by Don Francisco

Actually, SBC and AT&T merged with SBC being the majority owner but now doing business under the AT&T logo for more worldwide name recognition.

You are absolutely correct, AT&T is actually SBC, AT&T Mobility (wireless) is actually Cingular (that's what it says on my paychecks). While all the companies that call themselves AT&T work together, we all have different parents.