$5.1b bid made for wireless company
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Discount wireless phone provider MetroPCS Communications Inc. yesterday offered to buy regional rival Leap Wireless International Inc. for about $5.12 billion in stock - a deal that could effectively create a nationwide carrier.
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Just five months after emerging from bankruptcy protection, the telecommunications giant retains investment and legal advisers to solicit potential buyers, sources say.-TheWashington Post
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Rogers Wireless Communications Inc. (RCMb.TO: Quote, Profile, Research) launched a friendly C$1.4 billion ($1.07 billion) cash bid for Microcell Telecommunications Inc.
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The auction for rights to a highly valuable swath of the nationâs airwaves will begin Thursday and is expected to include multibillion-dollar bids from the nationâs two biggest wireless phone companies.
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Rogers Wireless Communications Inc. is offering $1.4 billion for cellphone rival Microcell Telecommunications, (TSX: MT.B) known for its Fido brand, topping a $1.
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NEW YORK -- Qwest Communications International Inc. has increased its offer for MCI Inc. by nearly $1 billion as Verizon Communications Inc. continues talks with MCI about a rival bid, according to a report.
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AT&T, Verizon Wireless, Google and Chevron are among the applicants for next month's 700MHz spectrum auction.
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Telephone company MCI Inc.  MCIP.O has received a $6 billion takeover bid from Qwest  Communications International Inc. Q.N and has held talks with  another potential suitor, Verizon Communications Inc. VZ.N,  sources familiar with the situation said on Thursday.
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The FCC releases names of 266 companies officially planning to bid in the government's upcoming 700-MHz-spectrum auction. More than half those botched their initial applications, including big names like Verizon, AT&T,  Qualcomm and Alltel. They have until Jan. 4 to qualify for the auction.
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Verizon Wireless and T-Mobile are expected to be the most aggressive bidders for U.S. wireless airwaves in a January auction that analysts say could give them added resources to expand and improve service.
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Alltel Corp., the nation's sixth-largest wireless carrier, is in advanced negotiations about buying Western Wireless Corp., a Northwest regional carrier which operates mainly under the Cellular One brand, for roughly &#36;4 billion, according to a published report.
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Qwest Communications International  Inc. Q.N offered more than $7 billion for MCI Inc. MCIP.O,  topping an earlier bid by Verizon Communications Inc. VZ.N,  Bloomberg News said on Sunday.
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MCI Inc. MCIP.O has received a  $6.3 billion takeover bid from Qwest Communications  International Inc. Q.N and has held talks with another  potential suitor, Verizon Communications Inc. VZ.N, sources  familiar with the situation said on Thursday.
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Bidding stalled at $4.71 billion on  Thursday for a key piece of wireless airwaves being auctioned  by the U.S. government.
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Telecom giant Verizon Communications Inc. has reportedly floated an informal buyout offer for MCI Corp., the long distance telephone company that has been awash in takeover speculation in the wake of regional phone company SBC Communications Inc.'s $16 billion deal for AT&T Corp.
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A $1.3 billion reserve price for a piece of wireless spectrum to be auctioned by the FCC in January is too high, according to one company.
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One day and two rounds into the long-awaited spectrum auction by the Federal Communications Commission, the highest bids total $2.78 billion, according to news reports. The auctioned frequencies could result in a new era for broadband wireless, unlocked handsets, and nationwide emergency communications.