RNS Number:0732T
Bellsouth Corp
10 December 2003

Jeff Battcher, BellSouth
(404)249-2793

jeff.battcher@bellsouth.com



           BellSouth's receives $600 million for interest in Sonofon



For Immediate Release:





December 10, 2003



Atlanta, Georgia -  BellSouth Corporation (NYSE: BLS) announced today that is
has agreed to sell its interest in the Danish wireless provider, Sonofon, for
3.68 billion Danish Kroner (currently equaling approximately US$600 million) to
Telenor ASA. BellSouth will receive 3.05 billion Danish Kroner for its 46.5%
equity stake and 630 million Danish Kroner in repayment of its shareholder loan
and accrued interest. Telenor, the incumbent local exchange carrier in Norway,
currently owns 53.5 percent of Sonofon and shares joint control of the company
with BellSouth.



Closing on the transaction is expected by the first half of 2004, pending
regulatory approval by the Danish Telecom Agency and the appropriate competition
European authorities. Upon closing, BellSouth expects to record an after-tax
gain of approximately $285 million in the first half of 2004.



                                  #    #    #

About BellSouth Corporation

BellSouth Corporation is a Fortune 100 communications services company
headquartered in Atlanta, Georgia. BellSouth serves more than 45 million local,
long distance, Internet and wireless customers in the United States and 13 other
countries.

Consistently recognized for customer satisfaction, BellSouth provides a full
array of broadband data solutions to large, medium and small businesses. In the
residential market, BellSouth offers DSL high-speed Internet access, advanced
voice features and other services. BellSouth also offers long distance service
throughout its markets, serving both business and residential customers. The
company's BellSouth AnswersSM package combines local and long distance service
with an array of calling features; wireless data, voice and e-mail services; and
high-speed DSL or dial-up Internet service. BellSouth also provides online and
directory advertising services through BellSouth(R) RealPages.comSM and The Real
Yellow Pages(R).

BellSouth owns 40 percent of Cingular Wireless, the nation's second largest
wireless company, which provides innovative data and voice services.







                      This information is provided by RNS
            The company news service from the London Stock Exchange
END

DISNKCKNBBDBDBK