Cingular Opposes Nextel on Swap Costs
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Cingular Wireless has urged U.S.  communications regulators to reject a request by rival Nextel  Communications Inc. NXTL.O to lower the cost of its plan to  swap airwaves with the government, which is aimed at reducing  interference with public safety communications.
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NEW YORK, November 26  - Alltel Corporation (AT.NYS) has reached a definitive agreement to acquire certain assets from Cingular Wireless for $170 million in cash, while the two companies have agreed to swap partnership interests in
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U.S. Federal Communications  Commission staff members have recommended that Nextel  Communications Inc. NXTL.O receive $452 million in additional  credits for airwaves it would swap to resolve interference  problems, sources familiar with the plan said on Tuesday.
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Sprint Corp. shares fell slightly on reports the company will pay more than $36 billion for Nextel Communications Inc. to create the third-largest US mobile- telephone company.
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California&#39;s Public Utilities Commission yesterday fined Cingular Wireless a record $12 million for violating state law by failing to tell customers that its network was overburdened, then
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Leap Wireless International Inc.   said on Sunday its board of directors had rejected an  unsolicited bid from larger rival MetroPCS Communications Inc.  .
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For the past two years, Sprint Nextel has been trying to reroute its cellphone signals to avoid causing static on emergency radios used at Baltimore-Washington International Thurgood Marshall Airport. The wireless carrier and Maryland officials dispute who should pay for some of the costs.
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Wall Street was abuzz Friday over a potential merger between Sprint and Nextel, though the companies declined to comment on a slew of news reports that they are negotiating to combine to create a celluar provider that would almost rival Cingular Wireless and Verizon Wireless in size.
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KANSAS CITY, Mo. -- Sprint Nextel Corp. on Wednesday said it would continue to support its Nextel-branded walkie-talkie network, which industry observers had speculated the company might shutter.
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Verizon Communications has no imminent plans to bid for Sprint, people familiar with the situation said Tuesday, lifting a potential obstacle to Sprint&#39;s bid for Nextel Communications.
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Verizon Wireless Inc. has encountered strong opposition for its request that an appeals court overturn U.S. Federal Communications Commission auction rules on a portion of wireless spectrum.
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Verizon Wireless said on Tuesday it would not oppose a plan that would give Nextel Communications Inc. (NXTL.O: Quote, Profile, Research) valuable new wireless airwaves, sending Nextel&#39;s shares up more than 3 percent.
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Verizon and Qwest have asked a federal court to force the FCC to drop its price freeze on the fees their competitors pay to connect to their regional networks.
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Verizon Wireless said Tuesday it won&#39;t oppose the Federal Communications Commission&#39;s decision to grant Nextel Communications Inc.
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Cingular Wireless LLC on Wednesday said it agreed to swap service networks and subscribers in two states and one territory with Triton PCS Holdings Inc.
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Verizon Wireless and Sprint (NYSE: FON) are giving their customers a break, cutting their fees for number portability, which the carriers have charged all customers to meet the costs of enabling wireless users to keep their phone numbers when they switch service providers.
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Nextel Communications Inc. is pressing the Federal Communications Commission to revamp its controversial decision giving the cellular company new airwaves, seeking changes that according to