Exhibit 99.8
CONSENT OF EVERCORE GROUP INC.
We hereby consent to the use of our opinion letter dated March 4, 2006 to the board of
directors of AT&T Inc. (AT&T) included as Annex C to the joint proxy statement/prospectus which
forms part of the Registration Statement of AT&T on Form S-4 relating to the proposed merger of a
wholly owned subsidiary of AT&T with and into BellSouth Corporation, and to the description of such
opinion and to the references to our name contained therein under the headings SummaryOpinions
of AT&Ts Financial Advisors, The MergerBackground of the Merger and The MergerOpinions of
AT&Ts Financial Advisors.
In giving such consent, we do not admit that we come within the category of persons whose consent
is required under Section 7 of the Securities Act of 1933, as amended, or the rules and regulations
of the Securities and Exchange Commission promulgated thereunder, nor do we thereby admit that we
are experts with respect to any part of such Registration Statement within the meaning of the term
experts as used in the Securities Act of 1933, as amended, or the rules and regulations of the
Securities and Exchange Commission promulgated thereunder.
| EVERCORE GROUP INC. | ||||||
| By: | /s/ Timothy G. LaLonde | |||||
| Name: | Timothy G. LaLonde | |||||
| Title: | Authorized Person | |||||
New York, New York |
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March
30, 2006 |
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