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Cingular, Vodafone boost AT&T Wireless bids







Cingular, Vodafone boost AT&T Wireless
bids

Cingular, Vodafone boost AT&T Wireless
bids
02/17/2004 01:25 AM

Boston Globe Feb 17 2004 6:03AM GMT




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Cingular, Vodafone boost AT&T Wireless bids

Grok Headline matches for Cingular, Vodafone boost AT&T Wireless bids

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Vodafone leads in AT& T Wireless bids


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Report: Vodafone Bids for AT&T Wireless
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Report: Vodafone Bids for AT&T Wireless
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AP - Vodafone Group PLC has bid about $35 billion for AT&T Wireless Services Inc., leaving the contest for the nation's third-largest mobile phone carrier a bidding war with Cingular Wireless, The Wall Street Journal reported Sunday on its Web site.

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Cingular Said to Boost AT&T Wireless Bid
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AP - Cingular Wireless was planning to submit a new bid to buy AT&T Wireless for at least $31.9 billion, a source familiar with the situation said.

Cingular Said to Boost AT&T Wireless Bid


Cingular Said to Boost AT&T Wireless Bid 02/14/2004 03:58 PM
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Cingular, Vodafone show their cards to
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Cingular, Vodafone show their cards to
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02/13/2004 07:18 AM
USATODAY.com - No. 2 U.S. carrier Cingular Wireless and Britain's Vodafone are expected to submit formal bids for AT&T Wireless (AWE) by Friday's deadline, say executives with knowledge of the auction.

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Cingular, Vodafone Raise Offers for AT&T
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Dow Jones - NEW YORK -- Cingular Wireless and Vodafone Group PLC (NYSE:VOD - News) have both raised their offers to buy AT&T Wireless Services Inc. (NYSE:AWE - News) , as the global bidding war for the carrier intensified on Sunday, The Wall Street Journal has learned.

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02/13/2004 09:10 AM
Reuters - The world's largest wireless operator Vodafone Group Plc and U.S rival Cingular were poised on Friday for a head-to-head battle worth around $35 billion for struggling U.S. mobile group AT&T Wireless.

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Japan Corp Feb 18 2004 6:55AM GMT

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01/22/2004 10:21 AM
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Cingular + AT&T Wireless? 12/23/2003 05:45 PM
Lots of speculation that Cingular is weighing a merger with or acquisition of competitor AT&T Wireless. While we like the idea of there being more,...

Cingular to Buy AT&T Wireless for
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Cingular to Buy AT&T Wireless for
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Cingular to Buy AT&T Wireless for
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02/17/2004 08:44 AM
AP - Cingular Wireless, the nation's No. 2 mobile phone provider, won the bidding war to acquire third-largest AT&T Wireless for nearly $41 billion, a deal that could create the nation's largest cell phone company.

Cingular to Bid $31.9B for AT&T
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Cingular to Bid $31.9B for AT&T
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02/13/2004 06:37 PM
AP - Cingular Wireless was planning to submit a new bid Friday to buy AT&T Wireless for at least $31.9 billion, a source familiar with the situation said.

Cingular to Bid $31.9B for AT&T Wireless


Cingular to Bid $31.9B for AT&T Wireless 02/13/2004 09:07 PM
San Jose Mercury News Feb 14 2004 1:12AM GMT

AT&T Wireless says it will entertain
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AT&T Wireless says it will entertain
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01/24/2004 10:16 AM
Canadian Press Jan 24 2004 2:19PM GMT

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Cingular wins bid for AT&T Wireless


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The buyout was signed at about 2 a.m. today after a weekend of bidding and counterbidding between Cingular and Vodafone Group PLC, which pulled out of the discussions.

Cingular Snags AT&T Wireless


Cingular Snags AT&T Wireless 02/17/2004 03:44 PM
Cingular Wireless nabs its rival for a cool $41 billion in cash.

Cingular buys AT+T Wireless


Cingular buys AT+T Wireless 02/17/2004 11:47 AM
$41 billion. What will the resulting company be, and do? Wow. Dan Gillmor has this to say about why the mega-merger shouldn't worry those concerned about carrier consolidation:
This merger won't necessarily be bad for competition.I've been using AT&T Wireless' GSM service for about a year now. Quality of service is marginal, and the customer service has been a bit lower than marginal. But Cingular, also a GSM carrier, has an even worse reputation. So maybe combining these two networks will create something that offers at least reasonable quality.

Cingular probably overpaid, but it's smart to make this deal in at least one respect. There's only room for a couple of mergers before the market gets too cozy for real competition. While expecting serious antitrust scrutiny from the Bush administration is probably futile, there's probably enough angst in Congress to keep consolidation from being rampant.


Cingular Buys AT&T Wireless; Whither
3G?


Cingular Buys AT&T Wireless; Whither
3G?
02/17/2004 11:44 AM
Cingular has successful bid for AT&T Wireless -- and where's the data discussion in all this?: The coverage of the AT&T Wireless deal focused almost exclusively on customer acquisition, marketing budgets, infrastructure, and voice revenue, despite the growing certainty that next-generation (3G) cell data and voice services will be the biggest competitive factors for U.S.-based carriers in the remainder of this decade. AT&T Wireless has nationwide EDGE (about 100 Kbps top realistic speed, but more like high-modem speeds reliably). Cingular has GPRS, but last year was saying they would be building out EDGE quickly, and then hasn't discussed it since. The combined company will obviously focus its efforts on a quicker rollout of W-CDMA, the GSM evolution standard for 3G data/voice, especially with the commitment of Verizon Wireless of $1 billion to fully deploy 1xEvDO (up to 400 Kbps) nationwide this year. (Verizon Wireless has overnight become the No. 2 U.S. carrier, pending approval of the Cingular acquisition of AT&T Wireless.) A not-so-obscure factoid missed in all of the reporting I've seen about AT&T Wireless is its requirement to repay a $6.1 billion -- yes, BILLION -- loan to DoCoMo if they don't have four U.S. cities set up by Dec. 31, 2004, with commercially offered 3G data services. (Here's an article from last July about it.) EDGE is 2.5G and doesn't qualify, as I understand it, but I haven't seen an update on the story. It's strange that in a $41 billion deal a loan of $6.1 billion that would need to be repaid if conditions weren't met that are currently unmet wasn't highlighted as one of the liabilities of acquiring the company. I can only hope that Cingular did more due diligence than some of the business press....

Cingular swallows up AT&T Wireless


Cingular swallows up AT&T Wireless 02/17/2004 09:55 AM
CNET Feb 17 2004 2:34PM GMT

Cingular Buys AT&T Wireless


Cingular Buys AT&T Wireless 02/17/2004 09:54 AM
Cingular Wireless beat out several last-minute contenders over the weekend to win the bidding war for AT&T Wireless.

Cingular nabs AT&T Wireless for $41B


Cingular nabs AT&T Wireless for $41B 02/17/2004 07:53 AM
CNN Feb 17 2004 12:19PM GMT

Cingular Wins bid for AT&T Wireless


Cingular Wins bid for AT&T Wireless 02/17/2004 08:33 AM

Grok Description matches for Cingular, Vodafone boost AT&T Wireless bids
GrokA matches for Cingular, Vodafone boost AT&T Wireless bids

Cingular, Vodafone boost AT&T Wireless bids

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