&#36;12 Million Fine Against Cingular Upheld
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The California Public Utilities Commission on Thursday upheld a &#36;12.1 million fine against Cingular Wireless, related to a two-year investigation into the cellular telephone company's business practices.
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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 Federal Communications Commission issued a notice of a $550,000 fine against because of an incident during the Super Bowl halftime show.
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Verizon Wireless has agreed to pay a fine and reimburse users who were disconnected for "excessive" use of a cellular broadband service that was marketed as allowing "unlimited" use, New York's state attorney general announced Tuesday.
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A federal judge in New Jersey granted the injuction to Verizon Wireless, though the carrier did not get the $150,000 in damages it was seeking.
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US prosecutors said Thursday Qwest Communications isn&#39;t off the hook, even though the company agreed to a $250 million civil fine for its addiction to fraudulent accounting.
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The Department of Justice (DoJ) today announced that it would approve Cingular&#39;s $41 billion dollar acquisition of AT&amp;T Wireless (Quote, Chart), provided the mobile carrier sells assets, such as spectrum and customer contracts, in 11 states.
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A federal judge on Friday approved  Citigroup Inc.'s $2.6 billion settlement with  WorldCom Inc.  investors who lost billions when an accounting scandal plunged  the telecommunications company into bankruptcy protection.
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A majority of the US Federal Communications Commission has voted to conditionally approve Cingular Wireless&#39; proposed acquisition of AT&amp;T Wireless Services Inc.
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Cingular Wireless LLC, the nation's largest mobile phone provider, said it lost &#36;497 million in the fourth quarter as it completed its &#36;41 billion purchase of AT&amp;T Wireless Services Inc. It also said it ended 2004 with 49.1 million customers, an increase of 1.8 million in the period.
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Verizon Communications won an appeals court ruling yesterday upholding most of a patent verdict over smaller rival Vonage Holdings, the second legal setback for the Internet phone company in as many days.
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WASHINGTON, Oct 26  - Cingular Wireless Corp. announced Tuesday it had completed a 41-billion-dollar takeover of AT and T Wireless after winning final clearance from US regulators.
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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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The Federal Communications Commission has approved the $41 billion merger of Atlanta-based Cingular Wireless and AT&amp;T Wireless Services Inc.
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LOS ANGELES, Feb. 21  /PRNewswire/ -- Cingular Wireless, the nation's largest wireless carrier and now part of the new AT&T, invested almost $1.3 billion -- or the equivalent of $1.8 million every day for two years -- upgrading and expanding service in Greater Los Angeles since 2005.
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Securities regulators have ordered a division of Citigroup Inc. to pay $478,000 in a fine and restitution for allegedly recommending high-risk commodity futures funds to people who shouldn
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A U.S. jury found that Vonage Holdings Corp had infringed patents owned by Sprint Nextel Corp and ordered the Internet phone company to pay $69.5 million in damages, triggering a 34 percent fall in its shares.