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The Pacific Telephone & Telegraph Company, a local telephone company in the San Francisco Bay Area, purchased the naming rights for the park for $ 50 million over 24 years in the Winter of 1996.
Pacific Bell had been recently purchased by SBC Communications when the naming rights deal was agreed upon.
SBC eventually dropped the Pacific Bell name and reached an agreement with the Giants to change the stadium's name to " SBC Park " on January 1, 2004.

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