EXHIBIT 99.1

  R.H. DONNELLEY COMPLETES ACQUISITION OF SPRINT DIRECTORY PUBLISHING BUSINESS

PURCHASE, N.Y.--(BUSINESS WIRE)--Jan. 3, 2003--R.H. Donnelley Corporation
(NYSE:RHD - News), today announced that it has completed the acquisition of
Sprint's (NYSE: FON - News, PCS - News) directory publishing business, Sprint
Publishing & Advertising, for $2.23 billion in cash, creating the nation's
largest public stand-alone publisher of yellow pages directories.

R.H. Donnelley will now publish all 260 Sprint Yellow Pages(R) directories in 18
states. Prior to the acquisition, R.H. Donnelley served as the exclusive sales
agent for 41 Sprint directories in four states. In addition, the Company will
continue to be the exclusive sales agent for 129 SBC directories in Illinois and
Northwest Indiana through DonTech, its perpetual partnership with SBC.

"This acquisition is a defining moment in R.H. Donnelley's history," said David
C. Swanson, Chairman and Chief Executive Officer. "By building on our
long-standing partnership with Sprint and our core competencies in the yellow
pages business, the new R.H. Donnelley will have a strong platform with
significant growth potential. We are excited about our new opportunities as a
fully integrated yellow pages publishing company and we look forward to
capitalizing on them in 2003 and beyond."

As part of the transaction, Goldman Sachs Capital Partners 2000, L.P. and
affiliated entities have purchased a total of $200 million of R.H. Donnelley's
convertible preferred stock and warrants, giving them approximately 23%
ownership in the Company on a fully diluted basis. Effective today, Terence
O'Toole and Robert Gheewalla have joined R.H. Donnelley's Board of Directors.
Both Mr. O'Toole and Mr. Gheewalla are Managing Directors at Goldman Sachs & Co.
As previously announced, Peter J. McDonald, who most recently served as
President of SBC Directory Operations, the nation's largest yellow pages
publisher, has been named President of Donnelley Media, the new unit that will
manage the Sprint directory publishing business.

About R.H. Donnelley

R.H. Donnelley, the nation's largest public stand-alone publisher of yellow
pages directories, publishes 260 Sprint Yellow Pages(R) directories in 18
states, with major markets including Las Vegas, Orlando and Ft. Myers. The
Company also serves as the exclusive sales agent for 129 SBC directories in
Illinois and Northwest Indiana through DonTech, its perpetual partnership with
SBC, and provides pre-press publishing services. In total, R.H. Donnelley serves
more than 250,000 local and national advertisers. For more information, please
visit R.H. Donnelley at www.rhd.com.

About Goldman Sachs Capital Partners

Goldman Sachs is a leading global investment banking, securities and investment
management firm that provides a wide range of services worldwide to a
substantial and diversified client base

that includes corporations, financial institutions, governments and high net
worth individuals. Founded in 1869, it is one of the oldest and largest
investment banking firms. The firm is headquartered in New York and maintains
offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centers
around the world. GS Capital Partners is the current primary investment vehicle
of Goldman Sachs for making privately negotiated equity investments. The current
GS Capital Partners fund was formed in July 2000 with total committed capital of
$5.25 billion, $1.5 billion of which was committed by Goldman Sachs and its
employees, with the remainder committed by institutional and individual
investors.

Safe Harbor Provision

Certain statements contained in this press release regarding R.H. Donnelley's
future operating results or performance or business plans or prospects and any
other statements not constituting historical fact are "forward-looking
statements" subject to the safe harbor created by the Private Securities
Litigation Reform Act of 1995. Where possible, the words "believe," "expect,"
"anticipate," "should," "planned," "estimated," "potential," "goal," "outlook,"
and similar expressions, as they relate to R.H. Donnelley or its management,
have been used to identify such forward-looking statements. Regardless of any
identifying phrases, these statements and all other forward-looking statements
reflect only R.H. Donnelley's current beliefs and assumptions with respect to
future business plans, prospects, decisions and results, and are based on
information currently available to R.H. Donnelley. Accordingly, the statements
are subject to significant risks, uncertainties and contingencies which could
cause R.H. Donnelley's actual operating results, performance or business plans
or prospects to differ from those expressed in, or implied by, these statements.
Such risks, uncertainties and contingencies are described in detail in
Management's Discussion and Analysis of Financial Condition and Results of
Operations in the Company's Annual Report on Form 10-K for the year ended
December 31, 2001, as well as the Company's other periodic filings with the
Securities and Exchange Commission, and in summary and without limitation
include the following: (1) dependence on a limited number of relationships and
on our business partners; (2) uncertainties caused by the consolidation of the
telecommunications industry and/or changes in the yellow pages industries; (3)
introduction of competing products or technologies by other companies and/or
pricing pressures from competitors and/or customers; (4) reversal or slowdown of
the modest economic recovery presently being experienced in the United States,
especially with respect to the markets in which we operate and/or residual
economic effects of, and uncertainties regarding (i) the terrorist attacks that
occurred on September 11, 2001, (ii) the general possibility or express threat
of similar terrorist or other related disruptive events, and (iii) future
occurrence of similar terrorist or other related disruptive events, especially
with respect to the major markets in which we operate that depend so heavily
upon travel and tourism; (5) risks related to the varying opportunities for the
Company's use of its cash flow; and (6) any share repurchases would be subject
to market conditions and compliance with legal restrictions and the company's
debt covenants. Additional risks that would cause actual results to differ
materially from such statements include, without limitation, the inability of
R.H. Donnelley to achieve synergies in connection with the acquisition, the
incurrence of unexpected costs in connection with the acquisition and other
contingencies and risks relating to the integration of Sprint's directory
publishing operations and business.