Word: cingular
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...Verizon, can you hear us now? " JOHN ZEGLIS, chairman and CEO of AT&T Wireless, after accepting a $41 billion bid from Cingular Wireless that will create the U.S.'s largest cellular-phone company...
...long-term survival requires merging with a larger carrier. The company had hoped to piggyback on the Air France-KLM deal, but was told it first needed to move toward privatization. Even Letta might not pull that off. - By Jeff Israely while you were sleeping U.S. mobile-phone operator Cingular landed its U.S. rival AT&T Wireless, trumping British bidder Vodafone with a late-night offer of $41 billion. The deal creates the largest wireless carrier...
...during the same period last year. But the real cliffhanger involves AT&T Wireless, the U.S.'s troubled No. 3 carrier. It wants to merge, and Arun Sarin, chief executive of British mobile giant Vodafone, has said he wants to bid. Assuming it could outbid the No. 2 player, Cingular (which upped its bid last week), Vodafone would be buying a firm that's losing market share. The bid deadline was Friday, but no one would confirm a Vodafone offer; some say AT&T's 22 million customers come at too high a price. ABN Amro analyst Jamie Mariani calls...
...cell-phone wars have taken a toll on AT&T Wireless. In the first of what could be a wave of mergers, the nation's third largest carrier announced it was up for sale. Cingular has reportedly offered $30 billion to snap it up, but other rivals are bidding too. What's in it for consumers? Analysts say that as wireless carriers consolidate, today's generous promos (a gazillion minutes, heavily discounted phones) may get more flinty. But call quality and coverage are likely to improve, since carriers that use similar technical standards (such as AT&T Wireless and Cingular...
...best way to get a ring tone that nobody else has is to create your own. Xingtone.com has a Windows application you can download onto your computer and use to create a 30-second snippet of any MP3, WAV or MIDI file. It works on most AT&T, Cingular, Sprint and T-Mobile phones, and it's free until Jan. 1, when the company will start charging $15. MotoMixer, available on some Motorola phones, lets you create your own mix of one of several songs by adjusting the drums, brass and other instruments directly on the phone. It costs...