Cingular Wins AT&T Wireless As Bidding War Tops $41 Billion
from the that-didn't-take-long dept
As most people expected, Cingular (who was much hungrier and much better positioned to do the deal) has made the final bid that made AT&T Wireless’ board smile – topping $41 billion in an all cash deal. Even though everyone knew that Cingular and Vodafone were upping each other’s bids all weekend, most people seemed to think the bidding would stop around $38 or $39 billion – with a slight chance of hitting $40. In fact, Vodafone dropped out at $38 billion – showing just how much Cingular wanted (and overbid) for AT&T Wireless. Now comes the tricky part: integration and fallout. Don’t expect the deal making to be done just yet.
Comments on “Cingular Wins AT&T Wireless As Bidding War Tops $41 Billion”
Cing -> AT&T
I know people who switched from Cingular to AT&T to specifically get away from Cingular. They are going to be PO’d.
Re: Cing -> AT&T
I’m one of those who would like to get away from Cingular. Where to now?!?
Where do people go to centralize their complaints to have an effect?
Re: Re: Cing -> AT&T
I worked for cingular and now att I hear the good and the bad of course I am collections and most people owe us money and getting ready to have no service I love my job and love my service hope you are now satisified