Business Services Industry
Potential Merger of Cingular, AT&T Wireless Would Face Antitrust Hurdles.
Knight Ridder/Tribune Business News, January, 2004
By Vikas Bajaj, The Dallas Morning News Knight Ridder/Tribune Business News
Jan. 15--A merger between the nation's second and third-biggest wireless-phone companies would reduce intense industry pricing pressures and help both companies address their shortcomings, experts said Wednesday.
But any deal between Cingular Wireless and AT&T Wireless Services Inc. would have to clear antitrust hurdles, especially in cities such as Dallas where the companies dominate the field and own a wide swath of cellular frequencies.
Several news organizations reported Wednesday that Atlanta-based Cingular and AT&T Wireless, of Redmond, Wash., were discussing a merger. Citing unnamed sources, the reports said the companies had picked up...
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