SBC to Acquire AT&T for &#36;16 Billion
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SBC Communications Inc. has agreed to acquire AT&amp;T Corp. in a &#36;16 billion deal that would create the nation's largest communications company, the companies said early Monday.
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SBC Communications SBC.N will pay  Microsoft Corp. MSFT.O at least $400 million over 10 years  for technology to help SBC sell video services over its  upgraded broadband lines, the companies said Wednesday.
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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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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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SBC Communications Inc. expects to eliminate about 13,000 jobs after its $16 billion acquisition of AT&amp;T Corp. closes, but the phone company said yesterday that many positions can be cut through attrition.
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AT&T Wireless reached an agreement with Rogers Communications to help sell AT&T Wireless's 34 percent stake in Rogers Wireless Communications Inc.
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The boards of directors of SBC  Communications Inc. SBC.N and AT&T Corp. T.N met on Sunday  afternoon to vote on a more than $15 billion stock deal in  which SBC will acquire AT&T, according to a source familiar  with the situation.
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US phone company SBC says it expects to cut nearly 13,000 jobs following its $16bn takeover of AT&T.
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SBC Communications Inc. on Wednesday said it has agreed to pay $400 million for the use of Microsoft Corp.&#39;s digital TV software platform, in a move seen as helping the telecommunications company defend against competing cable operators.
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AT&amp;T Corp. may be a rapidly shrinking shell of its former self, but its blue-chip business customers and worldwide network still make it an enticing $16 billion takeover target for SBC Communications Inc. , consultants and industry analysts say.
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SBC Communications Inc. (SBC.N: Quote, Profile, Research) filed on Monday to sell up to $15.5 billion of debt and stock, mainly to fund the purchase of AT&amp;T Wireless Services
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Rogers Communications Inc. (RCIb.TO: Quote, Profile, Research) confirmed on Monday it would buy AT&amp;T Wireless Services Inc.&#39;s (AWE.
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Cingular Wireless LLC, the joint venture between SBC Communications Inc. and BellSouth Corp., has reached an agreement with the US Department of Justice that will allow the companyâs proposed acquisition of AT&amp;T Wireless to proceed on schedule.
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SBC Communications SBC.N will pay Microsoft Corp. MSFT.O at least $400 million over 10 years for technology to help SBC sell video services over its upgraded broadband lines, the companies said Wednesday.
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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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U.S. telecommunications company AT&T  Inc.  said on Friday it will buy rural wireless carrier  Dobson Communications Corp.  for $2.8 billion in cash  to expand its reach in rural and suburban markets.
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The U.S. Federal Communications Commission said on Tuesday it has conditionally approved Cingular Wireless' &#36;41 billion acquisition of AT&T Wireless Services Inc. , clearing the last big hurdle for the deal.