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Verizon snaps up Alltel for $28.1B
The rumors are true. Verizon Wireless announced this morning that it will purchase Alltel Corp. in a cash merger valued at $28.1 billion. The deal, which is with Alltel Corp. and Atlantis Holdings Read more...
Alltel joins AT&T, Verizon Wireless with LTE roadmap
During its first quarter conference call with investors, Alltel announced that it was committed to evolving its network to LTE over the next five years. The move makes Alltel the second biggest CDMA Read more...
Exec Pay: Who makes what in wireless?
Exec Pay: Who makes what in wireless? Few issues stoke the ire of workers like executive pay. The average CEO of Standard & Poor's 500 company list made $15.06 million in 2006, which is the Read more...
Alltel restructures post-acquisition
TPG Capital and GS Capital Partners expect to close on their acquisition of Alltel by Nov. 16, at which time the carrier will restructure its management team. Post-acquisition, Jeffrey Fox, Alltel's Read more...
Alltel buyout on track; record-setting postpaid adds
In what will likely be the last earnings call for Alltel, company executives told analysts that the company's anticipated $24.7 billion sale to TPG Capital and GS Capital Partners, a subsidiary of Read more...