Sprint COO: No Impact From Cingular-AT&T Wireless Merger
NEW YORK -(Dow Jones)- The combination between Cingular Wireless and AT&T Wireless hasn't had any impact on Sprint Corp. (FON), despite concerns, said President and Chief Operating Officer Len Lauer.
Cingular, which acquired AT&T Wireless last year, came out with impressive fourth-quarter numbers, spurring fears that the other carriers had lost customers. That wasn't the case, Lauer said during an investor presentation at a Banc of America Securities conference in New York on Wednesday. Cingular is a joint venture between SBC Communications Inc. (SBC) and BellSouth Corp. (BLS).