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Cingular Wins bid for AT&T Wireless

Newer Guy writes "Cingular has won the bidding war for AT&T Wireless with an offer of $15 a share, or about $40.5 billion." This means Vodafone is out, and the number of competitors for wireless devices in the US is down by one.

9 of 359 comments (clear)

  1. Even if Vodafone had won the bid... by foxtrot · · Score: 5, Informative

    the number of competitors would still be reduced by one. Vodafone is a major player in Verizon Wireless.

  2. Re:Consolidation Good by betelgeuse-4 · · Score: 5, Informative

    The UK has a small number(4-5) of major players in the mobile phone industry. However, prices aren't kept down, and regulators have to force the operators to reduce them.

  3. Vodafone's stock price... by asdf+101 · · Score: 5, Informative

    ... rallied after it was announced that they had lost the bid for purchase of that ATT segment to Cingular.

    A lot of relieved Vodafone investors (or potential investors for that matter) then who it seems didn't have much confidence in the ATT buyout.

    Now, next try for Vodaphone: Vivendi.

  4. Hurray! Guess who's picking up the bill? by OlivierB · · Score: 5, Informative

    You Now what, customers are gonna pick up the bill. That's right. Here in Europe everybody got frenzy when the governments put teh 3G licenses on auction. Well all our operators forked out Billion$. How are they paying for it? Well we are! Altough there are ever more susbcribers to their service prices have not come down. Forget about the whole economies of scale and inversed moores law for telecommunication prices. We have kept a steady Price tag. Every time we text we have to pay roughly 20 Us cents for a 160 caracter SMS! Beter yet whenever we travel abroad (to another EU country) we end up paying calls for about 1.2$ per minute. That's for inbound calls too. I'm sick of it and have decided to ease off on my phone. Email is massively back in my live. Welcome to the club America

    --
    Artificial intelligence is no match for natural stupidity
  5. Re:At least it's GSM... by ian13550 · · Score: 5, Informative

    Well, if you get a tri-band "world" GSM phone it works in 90% of the rest of the world where there is GSM coverage. My SE T68i worked all over Australia and Europe when I traveled there AND everywhere ATTWS has coverage (or roaming agreements) in the USA (which was getting larger and larger each month). Seems like it was compatible "with most of the rest of the world" to me...

  6. Re:Amen! by nolife · · Score: 5, Informative

    Watch that billing with Verizon also! I pay my Verizon home service through an ebill with Checkfree. I can not simply select "pay bill" for it to be sent automatically, I have to subtract at least 2 business days because they were doing the same delay thing and charging late fees. Funny thing, I called to Verizon to inquire about the delay, they stated they have to hold on to a check for "3 to 5 days" before actually crediting the account. I explained it was an electronic payment through Checkfree, she claimed it was paid with physical check but could not give me the check number because of technical problems (I know why, because a check number did not exist). I know sometimes physical checks are sent out by Checkfree but my Verizon payment is all electronic but for some reason, still delayed.

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    Bad boys rape our young girls but Violet gives willingly.
  7. FYI by nial-in-a-box · · Score: 5, Informative

    If you have AT&T Wireless, get out NOW. Cingular has the most awful, broken billing system ever. They will shut down your account if your bill is one day late and charge you an activation fee to turn it back on. Their highest national plan still does not give you anywhere near unlimited national service. Not to mention it takes them about a day to get a phone activated right. Unfortunately, AT&T Wireless, one of the better (but still not good compared to what Asia has) wireless providers will most likely cease to exist as we know it. This can be a really good thing for Cingular, as they were the most logical buyer, but they will likely botch this. I have AT&T Wireless; as soon as I saw they were up for sale I started looking for another provider and am now in the switch process. Good luck.

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    I am feeling fat and sassy
  8. Re:Another one bites the dust by butt-rock+camaro · · Score: 5, Informative

    "AT&T's network is CDMA. Current AT&T phones won't work on Cingular networks, and vica versa. They wouldn't improve their coverage at all, instead they'll wind up slowly migrating all of their phones to one network, selling off the other set in the process."

    I'm curious as to what market you're referring to? In western Washington state, AT&T is selling TDMA and GSM phones (I just bought a TDMA-version Motorola v60). They're referring to GSM equipment as "next-generation network" capable, so it appears that they're trying to migrate to GSM. The carriers in this area use the following technologies:

    • AT&T Wireless: GSM, TDMA, and analog (AMPS).
    • Cingular: GSM
    • T-Mobile: GSM
    • SprintPCS: CDMA
    • Verizon: CDMA
    • Virgin Mobile: CDMA (actually uses Sprint's network)
    • Qwest: unknown (they probably don't know either!)
  9. Digital network breakdown by scarhill · · Score: 5, Informative
    No AT&T was TDMA (not CDMA) and is in the process of converting to GSM. Cingular is also making the exact same TDMA-to-GSM transition, so there is a good technology fit.

    AT&T's TDMA network had great nationwide coverage, and they were the first major provider to offer a nationwide no-roaming plan. My understanding is that their GSM network isn't nearly as good yet.

    Vodafone (which is a major provider in Europe, where everyone is GSM) is also a major shareholder in Verizon, which uses CDMA.

    Here's the list of the major providers and their network types:

    AT&T TDMA-->GSM Cingular TDMA-->GSM Verizon CDMA Sprint CDMA T-Mobile GSM Nextel iDEN Alltel CDMA US Cellular CDMA