Alltel buys assets from Cingular; swaps market interests
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NEW YORK, November 26  - Alltel Corporation (AT.NYS) has reached a definitive agreement to acquire certain assets from Cingular Wireless for $170 million in cash, while the two companies have agreed to swap partnership interests in
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NEW YORK -- 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 $4 billion, according to a published report.
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Alltel Corp.'s proposed $24.7 billion acquisition by private- equity firms may lead to the sale of other mobile-phone providers that serve rural areas.  Dobson Communications Corp., Centennial Communications Corp., Rural Cellular Corp. and United States Cellular Corp.
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The Federal Communications Commission gave its approval Tuesday to Cingular Wireless LLC's &#36;41 billion acquisition of AT&amp;T Wireless Services Inc., completing the federal regulatory blessing necessary for creation of the country's largest cellphone company.
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OCTOBER 25, 2004 (IDG NEWS SERVICE) - Cingular Wireless LLC will divest itself of wireless customers and other assets in 13 US markets as a requirement for its $41 billion acquisition of AT&amp;T Wireless Services Inc.
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By TOM PARSONS Associated Press  LITTLE ROCK -- A pair of investment firms have agreed to acquire Alltel Corp., the fifth-biggest U.S. wireless company and owner of the nation's largest geographic network, in a deal worth $24.8 billion.
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Cingular, jointly owned by BellSouth and SBC Communications, said the buyers are Singapore Technologies Telemedia and TM International of Malaysia.
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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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Regional US telecommunications group Alltel announced it had agreed to buy Western Wireless Corp. for about six billion dollars in cash and stock.
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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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AT&amp;T, AT&amp;T Wireless, and Cingular Wireless resolved issues relating to the use of the AT&amp;T brand in connection with Cingular&#39;s acquisition of AT&amp;T Wireless.
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Cingular Wireless, the nation&#39;s largest mobile-telephone operator, said that it would sell some airwave rights and customers to the Alltel Corporation for $170 million to satisfy government conditions on its purchase of AT&amp;T Wireless Services.
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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.
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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 has begun soliciting AT&T Wireless (NYSE: AWE) bondholders to consent to certain amendments in connection with Cingular's acquisition of AT&T.
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Cingular Wireless Corp. announced it had completed a 41-billion-dollar takeover of AT and T Wireless after winning final clearance from US regulators.
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Cingular Wireless marked the completion of its $41 billion takeover of AT&amp;T Wireless Services Inc. by immediately expanding unlimited mobile-to-mobile calling between the two networks. Subscribers of the original Cingular and AT&amp;T Wireless who have had plans that gave them unlimited calls to fellow subscribers now also get free unlimited calls to subscribers of the other carrier. Cingular is now ...