_________________
Date of report (Date of earliest event reported) October 26, 2004
SBC COMMUNICATIONS INC.
(Exact Name of Registrant as Specified in Charter)
Delaware
1-8610 43-1301883
(State or Other Jurisdiction of (Commission File Number) (IRS Employer
Identification No.)
Incorporation)
175 E. Houston, San Antonio, Texas 78205
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code (210) 821-4105
__________________________________
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| |_| | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| |_| | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| |_| | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240-14d-2(b)) |
| |_| | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Pursuant to Section 2.04(a) of the revolving credit agreement dated as of October 12, 2004 (the “Agreement”), SBC Communications Inc. (“SBC”) elected to reduce the aggregate amount of commitments under the Agreement from $12.0 billion to $8.75 billion, effective October 26, 2004. Pursuant to Section 2.04(b) of the Agreement, the amount of aggregate commitments will be further reduced to approximately $3.75 billion as of November 4, 2004, based on the receipt by SBC on November 3, 2004 of net cash proceeds from the issuance of $5.0 billion in long-term debt used to re-finance short-borrowings incurred in connection with the acquisition of AT&T Wireless Services, Inc. by Cingular Wireless.
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SBC Communications Inc. | |
By: /s/ John J. Stephens | |
| John J. Stephens | |
| Vice President and Controller |
Date: November 2, 2004