NEW YORK-Following a long weekend of intense bidding, Cingular Wireless L.L.C. acquired rival AT&T Wireless Services Inc. for $41 billion. Cingular said it expects the deal, which has to be approved by federal regulatory authorities and AWS shareholders, to close …
BellSouth
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AT&T Wireless Services Inc.’s clouded future began to clear last week as suitors looking to acquire the world’s ninth-largest wireless carrier were expected to place their final bids by AWS’ self-mandated Feb. 13 deadline. Cingular Wireless L.L.C. and Vodafone Group …
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Telecommunications bundling has made a strong comeback over the past year, with nearly all of the country’s regional providers offering some form of packaged deal to customers. Those bundles usually include a wireless link either through a direct subsidiary as …
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You didn’t expect AT&T Wireless to go quietly into that good night, did you? AT&T Wireless has a storied history. The carrier can claim roots in both AT&T Corp., which foolishly agreed to give up any cellular play as part …
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As the list of potential suitors became clearer last week, AT&T Wireless Services Inc.’s management took control of the situation by announcing a mid-February deadlines for potential buyers to submit acquisition proposals. The carrier also said it plans to make …
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NEW YORK-Cingular Wireless L.L.C. is one step closer to making a formal bid for AT&T Wireless Services Inc. as the Wall Street Journal reported Cingular’s parent companies SBC Communications Inc. and BellSouth Corp. have granted their wireless subsidiary approval to …
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NEW YORK-AT&T Wireless Services Inc. has reportedly set a Feb. 13 deadline for companies interested in submitting bids to acquire the nation’s third-largest wireless carrier, according to a filing with the Securities and Exchange Commission. The company expects to have …
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AT&T Wireless Services Inc.’s future as well as the future plans of its suppliers and employees were put on hold last week as the carrier announced its board of directors had decided “to explore the company’s strategic alternatives,” which most …
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WASHINGTON-While technology is seemingly off the political radar screen this election year, some candidates are pushing agendas that could indirectly impact industry and possibly even a blockbuster AT&T Wireless Services Inc. deal. The dynamics change in an election year, especially …
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WASHINGTON-California Public Utilities Commission member Susan Kennedy has decided not to offer a competing bill of rights for telecom consumers-one that exempts mobile-phone carriers from new rules-during Gov. Arnold Schwarzenegger’s review of existing state regulations. “We will not put out …
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The rumor mill kicked into high gear last week with published reports claiming a handful of domestic and international wireless carriers are targeting AT&T Wireless Services Inc. as a possible merger partner. The reports began with claims that Cingular Wireless …
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Wireless stocks posted strong gains in early Wednesday trading following renewed rumors of a possible merger between Cingular Wireless L.L.C. and AT&T Wireless Services Inc. and an upgrade of the wireless sector from neutral to positive by Lehman Brothers. The …
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NEW YORK-Cingular Wireless L.L.C.’s parent companies SBC Communications Inc. and BellSouth Corp. are reportedly looking at an initial public offering for their wireless division sometime next year to help fund expansion plans that could include a merger with industry rival …
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The past few years have forced mobile carriers to change tactics on many fronts. During the telecom boom, having a global presence seemed essential. But wireless carriers recently have been selling stakes in operations outside their core markets and honing …
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ATLANTA-BellSouth Corp. is reportedly planning to cut more than 1,000 jobs, including positions from its previously announced exit from the payphone business, during the first quarter of next year. The company, which controls 40 percent of Cingular Wireless L.L.C., said …
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ATLANTA-BellSouth Corp. said it agreed to sell its stake in Danish wireless operator Sonofon for just more than $600 million to Telenor. BellSouth will receive about $501 million for its 46.5-percent stake and $103 million in repayment for its shareholder …
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REDWOOD CITY, Calif.-Openwave Systems Inc. said its messaging technology will be used by BellSouth International across its Latin American properties. Openwave will supply its Multimedia Messaging Service Technology to allow BellSouth to begin messaging services across its subsidiaries in Argentina, …
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ATLANTA-Cingular Wireless L.L.C. named Ralph de la Vega, current BellSouth Corp. president of Latin America operations, its chief operating officer effective Jan. 1, 2004, where he will be responsible for overall operations of the company, including technology planning, network operations, …
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With the blessing of its parent companies SBC Communications Inc. and BellSouth Corp., Cingular Wireless L.L.C. is reportedly set to acquire one of its competitors as early as next year, according to a Business Week report. The report cited unnamed …
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NEW YORK-Cingular Wireless L.L.C.’s minority interest parent company BellSouth Corp. told industry analysts at a New York briefing that while it expects to see continued strong growth from its wireless operations in both the United States and Latin America, the …
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Just what are Craig McCaw and Nextel Communications Inc. up to, separately or together? Is there a grand plan waiting to be hatched or just some heady hedges that may-or may not-lead to something big? There’s enough of a history …
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Nextel Communications Inc. filed comments with the Federal Communications Commission disputing NextWave Telecom Inc.’s and Cingular Wireless L.L.C.’s plans seeking a waiver concerning $170 million in interest on 34 C- and F-block PCS licenses Cingular is attempting to acquire from …
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Cingular Wireless L.L.C. for the first time reported financial results separate from its parent companies SBC Communications Inc. and BellSouth Corp. Cingular reported net subscriber additions of 745,000 for the third quarter, bringing its nationwide customer base to 23.4 million. …
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WASHINGTON-A think tank funded by the wireless industry and other tech sectors today warned in a new study that U.S. cellular subscribers could pay over $16 billion a year-or about $10 per month extra-to pay for taxes and regulations imposed …
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Western Wireless Corp. announced the registration statement for the resale of its outstanding 4.625-percent convertible subordinated notes due 2023 and the shares of Class A common stock issuable upon conversion of the notes has been declared effective by the Securities …