Cingular, US Unwired enter $27.6 million deal
Sep 19, 2003 12:00 PM
Cingular Wireless will acquire additional spectrum and operations in Texas, Arkansas and Louisiana through a $27.6 million agreement it reached with US Unwired Inc., the company said this week.
Under terms of the all-cash deal, Cingular would take over US Unwired's cellular network in Lake Charles, Louisiana, as well as 10 MHz of its PCS spectrum in Alexandria and Shreveport, Louisiana; Longview, and Paris, Texas; and Texarkana, Arkansas. Cingular currently provides service in all the markets except for Texarkana.
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