1. T‐Mobile Has Created Jobs While AT&T Has Eliminated Jobs
Employee Growth Rate Adjusted for Acquisitions
20%
15%
10%
Percent Change In Annual Employee Count
5%
0%
2002 2003 2004 2005 2006 2007 2008 2009 2010
‐5%
‐10% T‐Mobile Has Increased Employment
in 8 of the Last 9 Years
vs.
‐15%
AT&T Has Reduced Employment
in 8 of the Last 9 Years
‐20%
T‐Mobile AT&T
Note: Annual net increase (decrease) in employees is adjusted to account for employee additions due to mergers/acquisitions. For example, at the end of
2008 AT&T reported it had 302,660 employees and added another 3,100 employees when it acquired Centennial Communications Corp. in 2009.
However, by the end of 2009 AT&T reported it had only 282,720 employees, an effective reduction of 23,040 (302,660 + 3,100 ‐ 287,720).

2. T‐Mobile Has Created Jobs While AT&T Has Eliminated Jobs
Employee Growth Rate Adjusted for Acquisitions
20%
AT&T Acquires
15%
AT&T Acquires Centennial
Dobson Wireless Communications
10%
Percent Change In Annual Employee Count
5%
0%
2002 2003 2004 2005 2006 2007 2008 2009 2010
‐5%
‐10% T‐Mobile Has Increased Employment
SBC Acquires in 8 of the Last 9 Years
AT&T vs.
‐15% AT&T Acquires
Bell South & AT&T Has Reduced Employment
Consolidates Cingular in 8 of the Last 9 Years
‐20%
T‐Mobile AT&T
Note: Annual net increase (decrease) in employees is adjusted to account for employee additions due to mergers/acquisitions. For example, at the end of
2008 AT&T reported it had 302,660 employees and added another 3,100 employees when it acquired Centennial Communications Corp. in 2009.
However, by the end of 2009 AT&T reported it had only 282,720 employees, an effective reduction of 23,040 (302,660 + 3,100 ‐ 287,720).

3. T‐Mobile Has Created Jobs While AT&T Has Eliminated Jobs
Employee Count Adjusted for Acquisitions
25,000
20,000 T‐Mobile Has Increased Employment
in 8 of the Last 9 Years
Net Increase or Decrease In Annual Employee Count
15,000
vs.
AT&T Has Reduced Employment
10,000
in 8 of the Last 9 Years
5,000
0
2002 2003 2004 2005 2006 2007 2008 2009 2010
‐5,000
‐10,000
‐15,000
‐20,000
‐25,000
T‐Mobile AT&T
Note: Annual net increase (decrease) in employees is adjusted to account for employee additions due to mergers/acquisitions. For example, at the end of
2008 AT&T reported it had 302,660 employees and added another 3,100 employees when it acquired Centennial Communications Corp. in 2009.
However, by the end of 2009 AT&T reported it had only 282,720 employees, an effective reduction of 23,040 (302,660 + 3,100 ‐ 287,720).

4. T‐Mobile Has Created Jobs While AT&T Has Eliminated Jobs
Employee Count Adjusted for Acquisitions
25,000
20,000 T‐Mobile Has Increased Employment AT&T Acquires
in 8 of the Last 9 Years Centennial
AT&T Acquires Communications
Net Increase or Decrease In Annual Employee Count
15,000
vs. Dobson Wireless
AT&T Has Reduced Employment
10,000
in 8 of the Last 9 Years
5,000
0
2002 2003 2004 2005 2006 2007 2008 2009 2010
‐5,000
‐10,000
‐15,000 SBC Acquires AT&T Acquires
AT&T Bell South &
‐20,000 Consolidates Cingular
‐25,000
T‐Mobile AT&T
Note: Annual net increase (decrease) in employees is adjusted to account for employee additions due to mergers/acquisitions. For example, at the end of
2008 AT&T reported it had 302,660 employees and added another 3,100 employees when it acquired Centennial Communications Corp. in 2009.
However, by the end of 2009 AT&T reported it had only 282,720 employees, an effective reduction of 23,040 (302,660 + 3,100 ‐ 287,720).

5. Adjustments to AT&T and T-Mobile Reported Employee Numbers
Acquisition Employees
Company Acquisitions Year Acquired Sources
AT&T
AT&T (by SBC) 2005 47,600 AT&T Corp 2004 10-K Report
Bellsouth 2006 63,000 BellSouth Corp. 2005 10-K Report
Cingular 2006 64,000 Cingular 2005 10-K Report
Dobson Wireless 2007 2,500 Dobson Communications Corp. 2006 10-K Report
Centennial 2009 3,100 Centennial Communications Corp. 2008 10-K Report
T-Mobile
SunCom Wireless Holdings Inc. 2008 1,924 SunCom Wireless Holdings Inc. 2006 10-K Report
Notes:
To account for the employment impact of a merger/acquisition we added the premerger employee counts of AT&T and acquired firm
and compared it to the post-merger employee count of the combined firm. The same procedure was done for T-Mobile.