NEW YORK (Standard&Poor's) Nov. 12, 2008--Standard&Poor's Ratings Services said today it assigned its 'A' rating to Dallas-based integrated telecommunications carrier AT&T Inc.'s proposed issuance of approximately $1 billion of notes due 2013. Proceeds will be used for general corporate purposes. At the same time, we affirmed the company's 'A' corporate credit and senior unsecured ratings and its 'A-1' commercial paper rating. As of Sept. 30, 2008, the company had $77 billion of total funded debt outstanding. The outlook is stable. "Over the next one to two years," said Standard&Poor's credit analyst Catherine Cosentino, "AT&T's financial performance and cash resources should be adequate to accommodate the substantial cash requirements of its business." We expect AT&T's
