Cingular Wireless to cut 7,000
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Cingular Wireless LLC plans to cut at least 10 percent of its newly combined staff, or around 7,000 of its 68,000-strong workforce, chief Stan Sigman said.
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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 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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Atlanta-based Cingular Wireless, on the cusp of closing its acquisition of AT&amp;T Wireless, reported third-quarter results yesterday that showed higher sales and a slight decrease in operating income.
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Cingular Wireless will divest itself of wireless customers and other assets in 13 U.S. markets as a requirement for its $41 billion acquisition of AT&T Wireless Services Inc.
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AT&T Corp. T.N will cut another  7,400 jobs and reduce the value of its assets by $11.4 billion,  spurred by its retreat from traditional consumer telephone  services, the company said on Thursday.
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AT&T Corp. T.N will cut about  7,000 jobs and reduce the value of its assets by $11.4 billion  due to its retreat from traditional consumer telephone  services, the company said on Thursday.
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The CEO of Cingular acknowledged earlier this week that it expects to cut up to 10 percent of its 68,000-person workforce in the next year and a half.
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The FCC&#39;s wireless telecommunications bureau has recommended clearing Cingular&#39;s buyout of AT&amp;T Wireless with only minimal divestitures from the two companies.
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Company plans to cut up to 7000 jobs this year as it transitions to digital technologies.
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WASHINGTON (CBS.MW) - Sprint Corp. said Friday it will cut up to 700 jobs, write down the value of its traditional phone network and spend less money marketing standalone long-distance service.
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Under the deal, the Federal Communications Commission will require Cingular to sell part of the combined company's operations in 22 markets.
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Cingular Wireless said Monday that it plans to sell a wireless data network that supports about a quarter of the world&#39;s Blackberry users to a New York-based fund manager.
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Cingular Wireless on Tuesday closed  its $41 billion cash purchase of AT&T Wireless Services Inc.  AWE.N, creating the biggest U.S. mobile telecom service with  more than 46 million customers.
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Cingular Wireless, the largest US wireless telephone company, said on Tuesday it would upgrade its network to handle high-speed data transmissions next year.
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Cingular Wireless LLC, the nation's largest cell phone company, will cut about 10 percent of its 68,000 jobs over the next 12 to 18 months as it combines operations with the recently acquired AT&T Wireless, Cingular's chief executive said Tuesday.
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Cingular Wireless said on Friday it struck a deal to sell some assets to Alltel Corp. (AT.N: Quote, Profile, Research) for $170 million in cash, a move that will help it meet the