Cingular set to complete takeover
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With one federal approval received yesterday and another coming as soon as today, Cingular Wireless is finally poised to complete its $41 billion takeover of AT&amp;T Wireless Services Inc.
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The FCC&#39;s wireless telecommunications bureau has recommended clearing Cingular&#39;s buyout of AT&amp;T Wireless with only minimal divestitures from the two companies.
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Cingular Wireless LLC took over as the leading provider of cell phone service in St. Louis and the nation on Tuesday when it completed the purchase of AT&amp;T Wireless Services Inc.
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BellSouth Corp. said Thursday it has completed the sale of some if its Latin American assets and will use the proceeds to help pay for Cingular Wireless LLC's &#36;41 billion purchase of AT&amp;T Wireless Services Inc.
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Cingular Wireless, the nation&#39;s largest wireless carrier following the company&#39;s merger with AT&amp;T Wireless, said Wednesday that it has completed integration activities ahead of schedule and now expects merger-related cost savings to exceed prior estimates
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Cingular Wireless expects to cut its work force of 68,000 by about 10 percent over the next year to 18 months as it digests its merger with AT&amp;T Wireless Services, Cingular&#39;s chief executive has said.
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Cingular Wireless LLC&#39;s $41 billion buyout of rival AT&amp;T Wireless Services Inc., approved Tuesday by the Federal Communications Commission, is expected to give customers
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Cingular Wireless, the largest United States cellphone service provider, has agreed to sell its 33 percent stake in Idea Cellular of India for about $200 million to a Malaysian joint venture.
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Echoing the Justice Department&#39;s consent Monday, the Federal Communications Commission Tuesday granted approval of the $41 billion buyout under the condition that Cingular divest itself of some network assets.
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Cingular Wireless LLC on Monday said MetroPCS Inc. will buy some of its wireless spectrum licenses in a $230 million cash deal designed to help meet conditions set by regulators as part of its acquisition of AT&amp;T Wireless Services Inc.
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Cingular Wireless moved a step closer to its purchase of AT&amp;T Wireless Services after the US Justice Department gave the green light Monday for the $41 billion deal to proceed.
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NEW YORK, October 26  - Cingular Wireless has completed its previously announced merger deal with AT&amp;T Wireless Services Inc (AWE.
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A. Sprint and Nextel are projecting that it&#39;ll happen in the second quarter next year. They don&#39;t expect it to take longer than the eight months needed to gain approval of Cingular Wireless&#39; purchase of AT&amp;T Wireless.
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The U.S. Federal Communications  Commission said on Tuesday it has conditionally approved  Cingular Wireless' $41 billion cash acquisition of AT&T  Wireless Services Inc. AWE.N, clearing the last big hurdle  for the deal.
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Following approval from two U.S. government agencies, Cingular Wireless LLC has completed the $41 billion acquisition of AT&T Wireless Services Inc., creating the nation's largest wireless carrier.
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The &#36;41 billion merger between Cingular Wireless LLC and AT&T Wireless Services Inc. won approval from the Federal Communications Commission yesterday, according to federal sources close to the agency, paving the way for major changes in the lucrative wireless-phone market.
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Cingular Wireless completed its purchase of AT&amp;T Wireless yesterday after the Federal Communications Commission signed off on the $41 billion deal that creates the country&#39;s largest mobile phone provider.