Cingular deal clears hurdle
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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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The US antitrust authorities said they would clear Cingular Wireless Corp.'s 41-billion-dollar takeover of AT&amp;T Wireless, with conditions.
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The $19.5 billion sale of Clear Channel Communications to two private-equity firms cleared its final regulatory hurdle.
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Agreement with Verizon will allow deployment of a citywide wireless network.
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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.
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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 LLC has reached an agreement with the US Department of Justice that will allow the company&#39;s proposed $41 billion acquisition of AT&amp;T Wireless to proceed on schedule.
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Cingular Wireless continues to meet its AT&amp;T Wireless merger approval obligations to shed some assets. The latest: The carrier is selling its stake in IDEA Cellular.
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U.S. regulators are set to give Cingular Wireless final approval for its &#36;41 billion purchase of AT&T Wireless Services Inc.  on Monday, on condition that it sells assets including wireless airwaves in more than 16 markets, according to a source close to the deal.
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Verizon Wireless on Tuesday dropped its opposition to a plan to give Nextel Communications (NXTL) valuable airwaves, removing a big hurdle to a deal aimed at fixing cell phone interference
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Now that the purchase of AT&amp;T Wireless is complete, Cingular Wireless' new status as the nation's biggest cell phone provider may prove fleeting if the merged company doesn't move quickly.
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U.S. regulators are set to give  Cingular Wireless final approval for its $41 billion purchase  of AT&T Wireless Services Inc. AWE.N on Monday, on condition  that it sells assets including wireless airwaves in more than  16 markets, according to a source close to 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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A majority of the U.S. Federal  Communications Commission has voted to conditionally approve  Cingular Wireless' proposed acquisition of AT&T Wireless  Services Inc. AWE.N, a source familiar with the matter said  on Wednesday.
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Federal regulators approved the $41 billion purchase of AT&amp;T Wireless by Cingular Wireless, a crucial step in a merger that will create the nation&#39;s largest cellphone company.
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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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Cingular Wireless today announced it has completed its previously announced merger with AT&amp;T Wireless, creating the nation&#39;s biggest wireless carrier with the