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WSJ reports Cingular looking to buy ATT Wirless

Discussion in 'Wireless News' started by nysteve, Dec 23, 2003.

  1. nysteve

    nysteve New Member

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    For what it is worth, today's Wall Street Journal is reporting that Cingular may either float an IPO (Initial Public Offering) or seek to merge with or purchase ATT Wireless in the coming year.
     
  2. bobolito

    bobolito Diamond Senior Member
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  3. NYCDru

    NYCDru Sprint Newbie
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    Do any of you guys thingk the Merger would happen?
     
  4. GoodmanR

    GoodmanR Silver Senior Member
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    definitely wouldnt rule it out!
     
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  5. JJSeminole

    JJSeminole Senior Member
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    I agree
     
  6. bobolito

    bobolito Diamond Senior Member
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    Whatever it is, merger or acquisition, I just don't want the new company to have any of AT&T Wireless policies or way of business. For starters, the name should be changed.
     
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  7. jayc

    jayc Bronze Senior Member
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    I would guess Cingular will still be Cingular... ATTWS wants to get rid of their name anyways. [​IMG] The one thing I'm wondering is what Suncom will do without AT&T in the same markets at Cingular.
     
  8. ILUVSOCAL

    ILUVSOCAL Banned
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    The same would apply to Edge Wireless, I guess Suncom and Edge Wireless would have "A member of the Cingular Wireless Network" and a Cingular logo instead of AT&T, sounds pretty cool to me, go Cingular Jack!
     
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  9. GoodmanR

    GoodmanR Silver Senior Member
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    Maybe they'll come up with a new name, I hope.....ATT has lost all its credibility, and Cingular has never really appealed to me as a great name.
     
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  10. jayc

    jayc Bronze Senior Member
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    Perhaps but wouldn't it be ackward for them to compete against the member brand within the same market... also at least for Triton this would destroy their chances of a buyout.
     
  11. ILUVSOCAL

    ILUVSOCAL Banned
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    Maybe they would eliminate the Edge and Suncom name, I guess we'll know more by next summer [​IMG]
     
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  12. nysteve

    nysteve New Member

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    Since I started this thread and have been a reader of this web site for months, and others as well, and having also recently left ATT wireless after almost seven years for Verizon, will the marketplace take notice of this merger? Both vendors have "been giving away the store" to attract new subscribers, but have they been able to retain subscribers? I am not aware of firms merging in other industries and who have not been market leaders of successfully building a powerhouse new business.
     
  13. ComicalMoodyDan

    ComicalMoodyDan Gold Senior Member
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    That would be odd. Even though SunCom and AT&T Wireless are separte companies SunCom does use the AT&T Logo in there brand name and is a network partner for them. To compete against there own network partner does seem a little strange to me.

    Right now it's sat up where AT&T Wireless and SunCom both have there separte markets so they don't compete with each other. If Cingular and AT&T Merge it brings up some questions. Will the new company try to buy out SunCom? Will they just drop the network affliation with AT&T and go alone or will they continue on with SunCom and a new logo of whatever the new company is.

    My guess is when/if AT&T Wireless merges they will go ahead and scoop up SunCom. Personally I think the number of days SunCom has left are limited. It's not a question if they get bought out. It's just when.
     
  14. Yugopro

    Yugopro Senior Member
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    There have been reports in the past without official comment. Now Cingular has actually come out and named names and confirmed talks. This is not the usual way these things are done. The usual thing is not to comment on mergers and acquisitions.
     
  15. MOTOhooligan

    MOTOhooligan Former Mobile Data Addict
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    CingulAT&T Wireless? Perhaps they just need to come up with an entirely new name for both as one company? From what I understand Cingular doesn't have all that good a reputation in the wireless industry anyway and I know AT&T doesn't.
     
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  16. ComicalMoodyDan

    ComicalMoodyDan Gold Senior Member
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    I'd rather see them keep the Cingular Wireless name and logo. I just left a company with a AT&T logo on my phone. I don't want to see the damn thing back on there. I hate AT&T.
     
  17. ILUVSOCAL

    ILUVSOCAL Banned
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    Proof? [​IMG]
     
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  18. Pedal2Medal00

    Pedal2Medal00 Junior Member
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    I hope this merger happens. I am usually against big companys merging to make one bigger company, but I think Cingular/AT&T would be a good move.
     
  19. jayc

    jayc Bronze Senior Member
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    But why would Cingular need Suncom in a market like the Tri-cities where their coverage is already adequate.
     
  20. ehcruzan

    ehcruzan Bronze Senior Member
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    The affiliate situation seems a little tricky. Since I'm too lazy to look, and I know there are people who probably know the answer, does Cingular have roaming agreements with Suncom? I guess my question is in reference to whether or not Suncom will be a factor in negotiations.
     
  21. ComicalMoodyDan

    ComicalMoodyDan Gold Senior Member
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    Yes, infact Cingular and SunCom are actually quite close. They have GSM and TDMA roaming agreements with each other.
     
  22. ILUVSOCAL

    ILUVSOCAL Banned
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    Same with Edge Wireless, Cingular doesn't charge a cent to use any voice, sms, mms or GPRS on Edge, while AT&T, their network partner, sees fit to charge for data and sms on Edge. Cingular uses Edge to fill in their coverage gaps in several areas in CA, OR, ID and WY.
     
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  23. ehcruzan

    ehcruzan Bronze Senior Member
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    I'm a little surprised that AT&T Wireless isn't seeing mass customer defections. I seem to remember reading on here that they charge for GSM roaming on Suncom and now I'm reading the same for Edge. Weren't these areas free under the TDMA plan? If so, I would expect that their valued customers who travel to areas covered by these affilates to be quite pissed off when they get their bills.
     
  24. Rich

    Rich Bronze Senior Member
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    Yup thats exactly why I left them, At&T wireless is one big mess right now [​IMG]
     
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  25. ILUVSOCAL

    ILUVSOCAL Banned
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    Yep, me too, I got tired of AT&T dinging me for GPRS, SMS and MMS when on Edge Wireless's Network, which I am often in my job traveling all over Nor Cal, often in rural and out of the way areas. Cingular doesn't charge me a dime regardless of whose network I am on, they could care less, it's so stupid what AT&T does, I mean, it's bad enough to charge roaming for SMS, MMS and GPRS off of their network, but on their own affiliates, Edge and Suncom, that's just insane!
     
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  26. bobolito

    bobolito Diamond Senior Member
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    I too hope the merge happens. I can't wait to get my 800Mhz coverage back! [​IMG] But it would be a tragedy if the merged company has the AT&T name, it's logo or any of its tyrannic policies. If that happens I rather go with a CDMA carrier.
     
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  27. ehcruzan

    ehcruzan Bronze Senior Member
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    You mean something like AT&T Orange Splat Wireless? [​IMG]
     
  28. jayc

    jayc Bronze Senior Member
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    After talking with my sister it has become clear to me which market segment AT&T has turned to... PREPAID! She works for ATTWS and said the GoPhones are going like mad compared to everything else. Now they even have an "Unlimited prepaid usage" trial in Memphis and Miami...
     
  29. Jerro

    Jerro Bronze Senior Member
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    ____________

    At&T the father of telephone in the good old days. Has a better ring to it than the quilt of Cingular, Cellular One, Metrophone, Comcast Cellular and all the composits of the past from which it was derived.
     
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  30. NYCDru

    NYCDru Sprint Newbie
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    Dude, you don't ssee what i see when i visit my local VZW store. My sales guy sees 10 - 30 people per day and half are switching to VZW from either ATT or sprint right now. When the 4th quater 2003 numbers come out it will be VERY intresting.
     

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