AT&T Wireless Merger Rumors Intensify
Jan 15, 2004, 4:59 PM by (staff)
AT&T Wireless has become the center of a new wave of merger rumors and reports. Most speculation has focused on the possibility of Cingular buying the company. But more recent reports point to other potential buyers, including NTT DoCoMo, Nextel, and Vodafone. NTT DoCoMo already owns 15 percent of AT&T Wireless. Vodafone currently owns a large stake in Verizon Wireless, but AT&T's GSM technology would be a better fit with Vodafone's international networks and global plans. Another report indicates that AT&T Wireless has already hired Merrill Lynch & Co. to arrange the merger or sale.
SoftBank Looking to Raise $18B with Wireless Unit IPO
SoftBank Group, the parent company of Sprint, is weighing whether or not to offer shares in its own Japan-based wireless company. Under the direction of CEO Masayoshi Sun, SoftBank has transformed itself in recent years into an investor in technology companies.
T-Mobile, Sprint On the Verge of Announcing Merger: Reports
T-Mobile and Sprint are once again weighing a merger between the two businesses and may make an announcement as soon as Sunday, according to multiple reports. Unnamed sources cited by Bloomberg, Reuters, the Wall Street Journal, and the New York Times all suggest the two companies, which have flirted with one another for years, are back at the table hammering out a deal.
T-Mobile, Sprint Reach Breakthrough On Potential Merger
T-Mobile and Sprint have made significant progress in ironing out merger terms, according to Reuters. T-Mobile and Sprint have made a "major breakthrough" on a merger between them.
Justice Dept. Probing Sprint/T-Mobile Merger Effect on MVNOs
The U.S. Department of Justice is exploring what impact the proposed merger of Sprint and T-Mobile will have on smaller carriers and MVNOs.
Cingular or others to Acquire ATTWS
BBC World has some speculation about DoMoCo making a bid as well: http://news.bbc.co.uk/2/hi/business/3415577...