Justice Dept. pact calls on Cingular to sell some licenses
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WASHINGTON (CBS.MW) -- The US Justice Department gave conditional approval Monday to Cingular Wireless&#39; acquisition of AT&amp;T Wireless, a $41 billion deal creating the nation&#39;s largest wireless carrier.
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Cingular Wireless LLC said Monday that AT&amp;T Corp. and AT&amp;T Wireless have extended their licensing agreement in preparation for Cingular&#39;s acquisition of the telecom giant&#39;s former unit.
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Alltel (AT:NYSE - news - research) has agreed to pay Cingular $170 million for portions of the former AT&amp;T Wireless business in six states as part of a mandated divestiture.
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Federal Communications Commission Chairman Michael Powell yesterday unofficially recommended that the agency approve Cingular Wireless&#39; proposed $41 billion purchase of Redmond&#39;s AT&amp;T Wireless.
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The U.S. government raised $2.25  billion in an auction of wireless airwaves that ended on  Tuesday, with Verizon Wireless and a partner collectively  winning 63 licenses with almost $697.4 million in bids.
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U.S. antitrust authorities on Monday  approved Cingular Wireless' plan to acquire rival AT&T Wireless  Services Inc. for $41 billion in cash, creating the nation's  biggest wireless carrier.
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million for new Cingular and 40.4 million for Verizon Wireless. ADDS new final graf with stock prices. By CURT ANDERSON. WASHINGTON-- Justice Department antitrust regulators cleared the way Monday for Cingular
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Cingular said it closed its &#36;41 billion purchase AT&amp;T Wireless on Tuesday. Cingular received approval for the deal earlier in the day from the Federal Communications Commission. The Department of Justice approved the acquisition on Monday.
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U.S. regulators are set on  Monday to  give Cingular Wireless final approval for its $41 billion  purchase of AT&T Wireless Services Inc. AWE.N, on the  condition it sell assets, including wireless airwaves in more  than 16 markets, according to a source close to the deal.
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Agency to auction licenses for communications; consider cell phone use during flights.
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WASHINGTON -- Cingular Wireless has urged communications regulators to reject a request by rival Nextel Communications Inc. 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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The U.S. Federal Communications Commission said on Tuesday it has conditionally approved Cingular Wireless' &#36;41 billion cash acquisition of AT&T Wireless Services Inc. , clearing the last big hurdle for the deal.
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The $41 billion merger between Cingular Wireless LLC and AT&T Wireless Services Inc. won approval from the Federal Communications Commission Friday, according to federal sources close to the agency.  -The Washington Post
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Cingular Wireless, the nation&#39;s largest mobile-telephone operator, said that it would sell some airwave rights and customers to the Alltel Corporation for $170 million to satisfy government conditions on its purchase of AT&amp;T Wireless Services.
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OCTOBER 25, 2004 (IDG NEWS SERVICE) - Cingular Wireless LLC will divest itself of wireless customers and other assets in 13 US markets as a requirement for its $41 billion acquisition of AT&amp;T Wireless Services Inc.
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Under the deal, the Federal Communications Commission will require Cingular to sell part of the combined company's operations in 22 markets.
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Berwyn, Pa.-based Triton PCS Holdings Inc., AT&amp;T Wireless Service Inc. and Cingular Wireless LLC said Wednesday they have signed a definitive agreement to resolve problems with Triton&#39;s agreements with AT&amp;T