Getting the blessing of regulators is just one of many hurdles carriers must clear when they acquire another carrier. Sometimes it's the little things that add up to a complex, pressing matter. When Alltel Corp. purchased Midwest Wireless last year, it also snatched up...
Alltel Corp. plans to cut 150 jobs at the headquarters of recent acquisition Midwest Wireless in Mankato, Minn., by September, and said it will close 10 Midwest stores later this summer. Alltel said it would keep more than 450 former Midwest employees in Minnesota,...
Alltel Corp., the nation's fifth-largest wireless carrier, is being floated as a potential target for a leveraged buyout by private-equity firms, according to unnamed sources in an article in today's Wall Street Journal.Alltel currently has a market value of $21.7 billion and a debt...
WASHINGTON—AT&T Inc. and BellSouth Corp., awaiting final federal action on their $79 billion merger and key stakeholders in the telecom reform debate on Capitol Hill, have been among the most generous donors to federal candidates and political parties in the 2006 election cycle. Indeed,...
WASHINGTON-AT&T Inc. and BellSouth Corp., awaiting final federal action on their $79 billion merger and key stakeholders in the telecom reform debate on Capitol Hill, have been among the most generous donors to federal candidates and political parties in the 2006 election cycle. Indeed,...
CHICAGO-U.S. Cellular Corp. said it received $95.1 million from the sale of its stake in regional operator Midwest Wireless Holdings L.L.C. to Alltel Corp. U.S. Cellular said it also expects to receive an additional $10.5 million soon in connection with the sale. The sale...
CHICAGO—U.S. Cellular Corp. said it received $95.1 million from the sale of its stake in regional operator Midwest Wireless Holdings to Alltel Corp. U.S. Cellular said it also expects to receive an additional $10.5 million soon in connection with the sale. The sale closed...
WASHINGTON—Alltel Corp. received approval from the Federal Communications Commission for its $1 billion purchase of Midwest Wireless Holdings L.L.C. As part of the deal, Alltel must sell off operations in several Minnesota regions. Midwest served about 400,000 customers in southern Minnesota, northern and eastern...
WASHINGTON—The Justice Department said Alltel Corp. agreed to sell wireless assets in several rural Minnesota markets as a condition to antitrust approval of its $1 billion purchase of regional operator Midwest Wireless. "The department's action ensures that wireless telephone consumers will continue to obtain...
The following list includes ratings changes and financial information for wireless companies announced this week by investment-banking and financial-services firms. Click here for wireless ratings from past weeks from RCR Wireless News. CarrierStandard & Poor’s Ratings Services cut its corporate credit and unsecured debt ratings...
PORTLAND, Ore.-Metro One Telecommunications Inc. announced the renewal of a multi-year contract to provide enhanced directory assistance for Midwest Wireless subscribers. Terms of the deal were not disclosed. Metro One's 411 service provides movie listings and driving directions in addition to connecting customers with...
PORTLAND, Ore.—Metro One Telecommunications Inc. announced the renewal of a multi-year contract to provide enhanced directory assistance for Midwest Wireless subscribers. Terms of the deal were not disclosed. Metro One’s 411 service provides movie listings and driving directions in addition to connecting customers with...
WASHINGTON-The Justice Department asked the Federal Communications Commission for sensitive numbering information-including local number portability data-from Alltel Corp. and Midwest Wireless Holdings L.L.C. in connection with Alltel's proposed $1 billion acquisition of Midwest that is being opposed by U.S. Cellular Corp. While the FCC...
Alltel Corp. is on track to complete its wireline spinoff by mid-year, and the company plans to extend CDMA2000 1x EV-DO services to about 60 percent of its potential customers, Chief Financial Officer Sharilyn Gasaway told analysts at the Bank of America Media, Telecommunications...
AUSTIN, Texas—KGI Wireless Inc. said it snagged a multi-year deal to manage Alltel Corp.’s 3,000 wireless tower sites. The agreement represents the first time a domestic wireless carrier has selected a company to direct the marketing and licensing of its national tower inventory, KGI...
LITTLE ROCK, Ark.-Alltel Corp. announced it purchased the remaining 50-percent interests in 10 partnerships with Palmetto MobileNet L.P. that it did not already own. The partnerships cover about 2 million potential customers in North and South Carolina. Alltel did not disclose the value of...
LITTLE ROCK, Ark.—Alltel Corp. announced it purchased the remaining 50 percent interests in 10 partnerships with Palmetto MobileNet, L.P. that it did not already own. The partnerships cover about two million potential customers in North and South Carolina. Alltel did not disclose the value of...
Alltel Corp. officials emphasized plans to continue their conservative path during a company analyst day in New York last week, even though they said they remain optimistic going forward. "We've never been `let's swing for the fences' and bet everything on a roll of...
WASHINGTON-The 8th U.S. Circuit Court of Appeals gutted Minnesota's wireless consumer-protection law, defeating Attorney General Mike Hatch (D) and handing the mobile-phone industry a major legal victory at a time of increasing state intervention into the wireless business. In reversing a lower court, the...
OKLAHOMA CITY-Dobson Communications Corp., the primary licensee of the Cellular One brand, said it plans to purchase the brand from Alltel Corp. for $1.3 million. Alltel acquired the Cellular One brand when it purchased Western Wireless Corp. in August. Raymond James & Associates analyst...
OKLAHOMA CITY-Dobson Communications Corp., the primary licensee of the CellularOne brand, said it plans to purchase the brand from Alltel Corp. for $1.3 million. Alltel acquired the Cellular One brand when it purchased Western Wireless Corp. in August. Raymond James & Associates analyst Ric...
Alltel Corp. continued its rural expansion by gobbling up privately held Midwest Wireless for $1.075 billion in cash. The acquisition comes just months after Alltel closed on its $6 billion purchase of Western Wireless Corp. and follows its 2002 acquisition of CenturyTel Inc.'s wireless...
Alltel Corp. continued its rural expansion by gobbling up privately held Midwest Wireless for $1.075 billion in cash. The acquisition comes just months after Alltel closed on its $6 billion purchase of Western Wireless Corp. and follows its 2002 acquisition of CenturyTel Inc.'s wireless...
Enhanced directory-assistance provider Metro One Telecommunications Inc. said Sprint Nextel Corp. is terminating the master services agreement between Metro One and Nextel Operations Inc. effective Jan. 9. Nextel Operations is a subsidiary of Sprint Nextel following Sprint Corp.'s acquisition of Nextel Communications Inc. in...
