Word: mccaw
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...combinations that promise to create more jobs. When she does move against what she sees as monopolistic practices, a favored tactic has been to scare companies with the threat of lengthy suits. By huffing and puffing, she got AT&T to sign a consent decree promising to keep the McCaw Cellular phone company a separate subsidiary, which allowed McCaw customers to pick their own long-distance carriers. But when Bingaman has actually gone to court, the results have not been stellar. Two months ago, she suffered a humiliating defeat after suing General Electric on charges it conspired with DeBeers...
...late-night telephone calls among local phone companies (the so-called Baby Bells), the major long-distance phone companies, the big cable-TV operators and a bunch of cellular-phone start-ups. When the dust settled, the biggest player on the field -- the partnership of AT&T and McCaw Cellular Communications -- was being challenged by two other behemoths: a joint venture formed by Sprint and a trio of cable TV operators; and a foursome of Baby Bells made up of Bell Atlantic, NYNEX, US West and the cellular spin-off of Pacific Telesis. After being wooed and spurned...
...news last week that LDDS Communications, a Mississippi-based long-distance company, had agreed to pay $2.5 billion for the WilTel long-distance unit of the Williams Cos. Then came word that a federal judge had cleared the way for AT&T to complete its $12.6 billion acquisition of McCaw Cellular, the nation's largest cellular-phone company...
...telecommunications industry. Long-distance phone company LDDS Communications proffered $2.5 billion in cash for WilTel, the long-distance unit of Williams Cos. The deal bolsters LDDS's ambitions to challenge AT&T, MCI and Sprint. Meanwhile, AT&T received federal court approval for a $12.6 billion plan to buy McCaw Cellular Communications, the country's largest wireless-phone company...
...coast system when it acquired the cellular operations of Dial Page of South Carolina plus the mobile-radio business of Motorola in deals valued at $2.7 billion. The combinations will pit Nextel, a firm with 200,000 customers, against AT&T, which agreed to pay $12.6 billion for McCaw Cellular last year. Also in the fray are Nynex and Bell Atlantic, which agreed in June to combine their cellular units...