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This Day in Georgia History

December 29, 2006

Cingular Wireless Sold to AT&T

The sale of Atlanta-based BellSouth and Cingular Wireless to AT&T became official. Including stock and assumption of BellSouth debt, the total cost of the transaction was $106 billion. With the purchase, the BellSouth and Cingular names were replaced with AT&T. Headquarters of the former BellSouth were transferred to AT&T headquarters in San Antonio, Texas, although headquarters of what had been Cingular Wireless remained in Atlanta.