Cingular, US Unwired enter $27.6 million deal

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.