According to a Reuters report, Cingular has made an official bid to buy out AT&T Wireless. Stock of AT&T Wireless (AWE) is jumping on the news. The bid is for $11 per share.
Yet another story says Euro carrier Vodafone may be looking to make a counter offer. We first mentioned this rumor late last year.
Meanwhile, the Wall Street Journal notes that NTT DoCoMo is mulling a bid as well. As you may know, NTT DoCoMo already owns 17% of AT&T Wireless.