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The paper proposes an integrated location management scheme, based on our previously proposed novel rule-based paging scheme (RBPS) for reducing the cost of terminal paging in a cellular wireless environment. We extend that scheme to propose a complete location management scheme. This requires application of RBPS together with a judicious movement based location update (LU) scheme. Numerical results show that the proposed integrated location management scheme, called RBPS*, not only attempts to resolve the issue of inherent tradeoff between the cost components, comprised of paging and LU cost, but also does reduce the total cost for location management compared to the other schemes. RBPS* significantly outperforms RBPS and the GSM-adopted blanket paging scheme along with movement based LU. When compared with the popular shortest distance first (SDF) scheme, results are again encouraging. The proposed scheme, RBPS*, is a generic one and can be deployed on-line. It has the potential for use in next generation wireless networks, irrespective of any standards.