2 posts and columns on Alltel Wireless

AT&T and Verizon Sitting in a Tree, D-U-O-P-O-L-Y

in News on May 11, 2009 at 6:32 am PT

AT&T has beaten out some 30 telecommunications carriers and private equity groups to buy the wireless spectrum and other assets that rival Verizon Communications was required to divest as a condition of its recent acquisition of Alltel Wireless. The company said this weekend that it will pay $2.35 billion in cash to buy licenses, network assets and some 1.5 million wireless subscribers across 18 states, mostly in rural areas.
verizon-att-fightjpg

AT&T and Verizon Sitting in a Tree, D-U-O-P-O-L-Y

in News on May 11, 2009 at 6:32 am PT

AT&T has beaten out some 30 telecommunications carriers and private equity groups to buy the wireless spectrum and other assets that rival Verizon Communications was required to divest as a condition of its recent acquisition of Alltel Wireless. The company said this weekend that it will pay $2.35 billion in cash to buy licenses, network assets and some 1.5 million wireless subscribers across 18 states, mostly in rural areas.
verizon-att-fightjpg