Cingular Buyout of AT&amp;T Wireless Wins Approval
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Description: The Justice Department clears the way for Cingular Wireless to acquire AT&amp;T Wireless. The deal, worth an estimated $41 billion, would make Cingular the nation&#39;s largest wireless phone company.
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Cingular Wireless, a joint venture between SBC Communications and BellSouth, has completed its previously announced acquisition of AT&amp;T Wireless Services, creating the largest wireless carrier in the US.
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Justice Department antitrust regulators cleared the way Monday for Cingular Wireless LLC's $41 billion acquisition of AT&T Wireless Services Inc., a crucial step toward creating the nation's largest wireless telephone company.
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ATLANTA - Preparing for the acquisition of AT&amp;T Wireless, Cingular has committed to a $100 million deal to buy network services from AT&amp;T, Cingular said Monday.
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The $41 billion merger between Cingular Wireless LLC and AT&amp;T Wireless Services Inc. won approval from the Federal Communications Commission yesterday, according to federal sources close to
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US antitrust authorities on Monday approved Cingular Wireless&#39; plan to acquire rival AT&amp;T Wireless Services Inc. (AWE.N: Quote, Profile, Research) for $41 billion in cash, creating the nation&#39;s biggest wireless carrier.
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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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Cingular Wireless said it reached an agreement with AT&amp;T (nyse: T - news - people ) resolving a branding dispute for the AT&amp;T name.
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The US Federal Communications Commission (FCC) on Tuesday approved Cingular Wireless&#39; 41-billion-US dollar acquisition of AT&amp;T Wireless Services Inc.
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Cingular Wireless Corp. announced it had completed a 41-billion-dollar takeover of AT and T Wireless after winning final clearance from US regulators.
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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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AT&T Inc., already the nation's largest cell phone provider, won government approval to buy highly coveted airwaves licenses that cover 196 million people in 281 markets.
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Justice Department antitrust regulators cleared the way Monday for Cingular Wireless LLC's &#36;41 billion acquisition of AT&amp;T Wireless Services Inc., a crucial step toward creating the nation's largest wireless telephone company.
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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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Alltel Corp. shareholders overwhelmingly approved a $24.7 billion buyout Wednesday that put the wireless company in the hands of two private investor groups.
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On 26 October 2004, Cingular Wireless acquired AT&amp;T Wireless services after receiving final clearance from the US Federal Communications Commission.
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NEW YORK, 04:00 AM EST - Just seven weeks after Cingular bought AT&amp;T Wireless Services Inc. to form the No. 1 US carrier, the mergermania is continuing.