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Krislov & Associates, Ltd. has litigated hundreds of class action cases involving consumer, securities, municipal finance and pension matters.

PRESS RELEASE

Krislov & Associates, Ltd.
20 North Wacker Drive, Suite 1350
Chicago, Illinois 60606
Tel. (312) 606-0500/ Fax (312) 606-0207

To: All television assignment editors, radio news and business reporters, city desks, daily business reporters and wire services

From: Krislov & Associates, Ltd.

Date: April 26, 2005

City of Parma, Ohio, Files Nationwide Class Action to Thwart Cingular's Ploy to Reduce Payments for Overlapping Cell Sites

The following statement was issued by Parma's attorneys, Krislov & Associates, Ltd.:

Cingular Wireless' October 2004 acquisition of AT&T Wireless produced the nation's largest wireless network, but also resulted in overlapping wireless antenna site coverage. Cingular operates antenna sites under long-term leases of up to 30 years. Seeking to cut its monthly rent payments on these sites, Cingular has threatened to terminate leases with an estimated 15,000 owners throughout the country, including cities, local governments and volunteer organizations, unless they agree to rent reductions of as much as 50%, even though the agreements do not permit termination for mere convenience or overlap.

The City of Parma has filed a lawsuit for itself and other antenna site owners nationwide, seeking to enforce their right to continue receiving rent at the agreed price.

The case is titled City of Parma, Ohio, v. Cingular Wireless LLC, Cuyahoga County Court of Common Pleas, No. CV05560750, and is assigned to Judge Lillian J. Greene.

Parma Law Director Tim Dobeck was quoted: "At a time when state and local governments are pushed and squeezed from all sides, it is both baffling and sad to see a huge national corporation renounce its contractual obligations to these governments and attempt to cut off one of their vital revenue streams."

Attorney Clint Krislov was quoted: "If Cingular needs to cut costs to make the merger profitable, it should find legitimate ways to do that, rather than by shortchanging local governments and other site owners across the country of their agreed rents."

Media Contact: Clint Krislov: (312) 606-0500 E-mail

 

 

 

 

 

 

Krislov & Associates, Ltd., Chicago Illinois Attorneys Concentrating in Class Action Matters

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