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AT&T Wireless Merger Rumors Intensify

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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.

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Jan 18, 2004, 11:01 AM

Cingular or others to Acquire ATTWS

Anyone have any additional info/links on the subject?
Came out today that Cingular made an offer of a premium per stock price. Rumor has it at $12.00 per stock, up over AT&T's recent value of $9.99 per stock.
CNet tech news has an article on Cingular's bid and speculation about Vodaphone: http://news.com.com/2100-1039_3-5143868.html? tag=nefd_top

BBC World has some speculation about DoMoCo making a bid as well: http://news.bbc.co.uk/2/hi/business/3415577...
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