Results 1 to 5 of 5
  1. #2  
    AP says for 41b.

    but what is a "b" between freinds.
    Felipe
    On the road to 5,000 posts
    Life is what happens between Firmware releases.
  2. #3  
    Is this means the AT&T Treo will be unlock, just like cingular?
    TREO 600 ROCKS !!!! I gave up my Zaurus sl-5500 and my Motorola v60i for it.


    ***********************************
    "Willing is not enough; we must do. Knowing is not enough; we must apply." -- Bruce Lee
  3. #4  
    Original Message-----
    From: Employee Communications
    Sent: Tuesday, February 17, 2004 4:57 AM
    To: Cng-All Cingular
    Subject: Cingular To Acquire AT&T Wireless, Create Nation's Premier
    Carrier






    CNG-All Cingular
    Cingular To Acquire AT&T Wireless, Create Nation's Premier Carrier

    $41 billion deal to create number one wireless carrier, bring greater
    network coverage, improved service quality, new advanced data services
    to customers

    OLE_LINK1OLE_LINK2Cingular Wireless announced today an agreement to
    acquire AT&T Wireless, creating the premier wireless carrier in the
    United States. Today, the combined company would have 46 million
    customers and one of the most advanced digital networks in the U.S.,
    with spectrum in 49 states and coverage in 97 of the top 100 markets.
    The combined 2003 annual revenues of the two companies would have
    exceeded $32 billion.

    Under the terms of the agreement approved by the boards of directors of
    Cingular and AT&T Wireless, shareholders of AT&T Wireless will receive
    $15 cash per common share or approximately $41 billion. The acquisition,
    which is subject to the approvals of AT&T Wireless shareholders and
    federal regulatory authorities, and to other customary closing
    conditions, is expected to be completed as soon as late 2004.

    "This is great news for America's wireless users," said Stan Sigman,
    president and CEO of Cingular Wireless. "By combining the strengths of
    these two companies we expect to accelerate the availability of advanced
    wireless services for consumers. This combination is expected to create
    customer benefits and growth prospects neither company could have
    achieved on its own and will mean better coverage, improved reliability,
    enhanced call quality and a wide array of new and innovative services
    for consumers."

    "Today's announcement is a triple win for AT&T Wireless shareowners,
    customers and employees," said John D. Zeglis, AT&T Wireless Chairman
    and CEO. "For shareholders, the transaction provides a handsome return
    on investment. For customers, this means all the advantages only the
    nation's largest wireless company can provide. For employees who become
    part of the combined company, this means more opportunities than they
    otherwise would have had with AT&T Wireless as a standalone company."

    Sigman continued: "Wireless communications is one of the most
    significant growth drivers in the telecommunications industry, and with
    the acquisition of AT&T Wireless, we believe no other company will be
    better positioned than Cingular to grow with the market's continued
    expansion. The new company will have a strong foundation to begin
    rolling out exciting new services and data applications that enrich the
    end-user experience."

    Bigger Network, Better Coverage

    Customers of the new company will have access to the largest GSM network
    in the United States. GSM is the world's most widely used wireless
    technology with nearly one billion customers in more than 200 nations.
    Because both companies use the same technology, the network integration
    will bring customers almost immediate improvement in coverage and call
    quality. Cingular customers also will have the widest choice of handsets
    and devices in the industry.

    Because of improved spectrum holdings, the new company should be able to
    accelerate its offering of advanced wireless data services and pave the
    way for high-speed third generation services in the future. This is
    important because consumers and businesses are increasingly relying on
    wireless internet and e-mail access. Cingular and AT&T Wireless have
    been leaders in rolling out high-speed wireless data offerings,
    including GPRS (General Packet Radio Services), EDGE (Enhanced Data
    rates for GSM Evolution) and trialing next generation UMTS (Universal
    Mobile Telecommunications System).

    In addition, the new combined company will be well positioned to deliver
    unmatched services for business customers, including high-speed wireless
    connectivity for PCs and wireless e-mail devices - such as BlackBerry(r)
    -- for mobile executives.

    Improved Operating Efficiencies

    Cingular expects to achieve significant operating synergies through this
    acquisition by consolidating networks, distribution, billing,
    procurement, marketing, advertising and other functions. The company
    expects to generate more than $1 billion in operating expense and
    capital expenditure savings in 2006, and in excess of $2 billion in
    annual savings beginning in 2007.

    Wireless Leadership

    "Cingular has a solid track record of successfully integrating
    companies," said Sigman. "Three years ago, we created Cingular by
    combining two of the strongest regional wireless companies in the United
    States. We also created one of the best-known and most recognizable
    brands in America. Now, we have the opportunity to use our combined
    resources to provide wireless users with services that are
    second-to-none."

    The boards of Cingular and AT&T Wireless have approved the merger
    agreement. SBC Communications and BellSouth have committed funding to
    Cingular for the all cash deal. Funding requirements for SBC will be
    approximately $25 billion and for BellSouth, approximately $16 billion.

    SBC's and BellSouth's proportionate equity stake in Cingular will remain
    unchanged following the transaction, with SBC holding 60 percent and
    BellSouth 40 percent of the equity. Management control will remain
    50-50.

    Keeping employees informed

    "While the companies have come to an agreement, the deal must pass
    through several regulatory approvals and the approval of AT&T
    shareholders before it is consummated," said Sigman. "We expect this to
    take several months."

    Once the acquisition is closed, the combined company will begin the
    process of merging operations.

    "It is still very early in the process," said Sigman, "and there are
    many decisions still to be made. Our commitment to employees is to keep
    you informed throughout the process.

    "Until then, it is business as usual," he said. "We must continue to
    provide inspirational customer service and exceed their expectations at
    every touchpoint, so that we can continue the momentum behind building
    our reputation."

    Watch for more information on the deal in Cingular Voice, on the
    My-Cingular employee portal, and on other regular forms of
    communication.




    (c) 2004 Cingular Wireless LLC
    Copying, distribution or publication without express written permission
    is prohibited.
  4. #5  
    I think they will have to unlock them until they swithc over the networks

Posting Permissions