AT&T Wireless stock jumps on merger rumor

Dec 23 2003 - 11:32 AM ET | AT&T Wireless, Cingular
Investors pushed AT&T Wireless [AWE] up more than 5% in the first 2 hours of trading today thanks to a rumor about a possible merger with Cingular. We first reported on this rumor back in November. The idea of an IPO is also being tossed around at Cingular HQ. 2004 should be an interesting year for the US wireless carrier market.