Another step toward the issuance of a wireless tracking stock...
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February 2, 2000
AT&T Files To Offer $100M Tracking Stk For Wireless Ops
WASHINGTON -- AT&T Corp. (T) registered to sell $100 million of tracking stock on behalf of its wireless services business, according to a Form S-3 filed with the Securities and Exchange Commission on Wednesday.
The offering will mark the first time shares of AT&T's wireless operations will be available to the public. However, as a tracking stock, AT&T will own all of the remaining interest in the AT&T Wireless Group.
AT&T, New York, provides video, voice, data, cellular and telecommunication services to businesses, consumers and governments.
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