Chrysalis invested in Tritel Communications, a Jackson, MS-based startup that went public and subsequently merged with TeleCorp PCS. TeleCorp PCS was acquired by AT&T Wireless in February 2002. In October 2004, Cingular Wireless LLC, a joint venture between SBC Communications Inc. and BellSouth Corp., acquired AT&T Wireless, creating the nation’s largest wireless provider. In 2005, the merger of SBC Communications Inc. and AT&T Corp. created a new AT&T which subsequently acquired BellSouth and took full control of Cingular Wireless.