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AT&T mulling wireless IPO: AT&T Corp., which is expected to launch a tracking stock for its wireless business, declined to comment on Friday on a news report that it is considering a huge initial public offering of the unit. The Wall Street Journal said the No. 1 U.S. long distance telephone company was weighing an IPO of 10 to 15 percent of the wireless unit that could generate $8 billion to $10 billion, funds AT&T would then invest in the busines. AT&T had been expected to outline on Dec. 6 plans for a tracking stock for its wireless business.
