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Acquisitions, spin-off plans weigh on Alltel’s results

LITTLE ROCK, Ark.—Alltel Corp. posted mixed first quarter results, with strong wireless growth and healthy customer numbers but lower net income due to merger-related expenses from the acquisition of Western Wireless Corp. and the upcoming spin-off of the company’s wireline operations. Alltel’s total revenues...

U.S. Cellular challenging Alltel’s acquisition of Midwest Wireless

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 unloads rural Arkansas market as part of required divestitures

LITTLE ROCK, Ark.-Alltel Corp. said it has sold one of its Arkansas rural service areas to Cingular Wireless L.L.C., as part of Alltel's divestiture requirements related to its purchase of Western Wireless Corp. last year. The Arkansas 11 RSA covers the counties of Hempstead,...

Alltel unloads rural Arkansas market as part of required divestitures

LITTLE ROCK, Ark.—Alltel Corp. said it has sold one of its Arkansas rural service areas to Cingular Wireless L.L.C., as part of Alltel’s divestiture requirements related to its purchase of Western Wireless Corp. last year. The Arkansas 11 RSA covers the counties of Hempstead,...

Alltel taking breather following ‘busiest year’

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...

Alltel offloads tower management to KGI

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...

Alltel gains control of Carolina ventures for $455 million

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...

Alltel announces $455 million buyout of wireless partnerships in Carolinas

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...

Court strikes down Colorado requirements for ETC status

WASHINGTON-A federal court in Colorado told state regulators there that they cannot require Alltel Corp. to file rate statements and agree to certain service-quality standards in order to receive eligible telecommunications carrier status-a necessary designation to receive universal-service subsidies. "The Colorado Public Utilities Commission...

Court strikes down Colorado requirements for ETC status

WASHINGTON—A federal court in Colorado told state regulators there that they cannot require Alltel Corp. to file rate statements and agree to certain service-quality standards in order to receive eligible telecommunications carrier status—a necessary designation to receive universal-service subsidies. "The Colorado Public Utilities Commission...

Alltel tele.ring sale back on track

LITTLE ROCK, Ark.—An Alltel Corp. subsidiary extended its agreement with T-Mobile Austria GmbH for the sale of Alltel’s Austrian business, tele.ring. Alltel acquired the international subsidiary, Western Wireless International Austria Corp., along with the rest of Western Wireless Corp. last year for $6 billion....

Alltel to stay cautious amid bright outlook

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...

Prepaid, wireline biz boost Alltel earnings

Alltel Corp. reported weaker-than-expected total earnings, but still outpaced analysts' predictions by adding 147,000 net new wireless subscribers, most of which were prepaid. Alltel reported consolidated revenue of $2.58 billion, a 21-percent jump from 2004's fourth quarter. However, net income fell to $255.1 million...

Western Wireless subsidiary wants USTR to scrutinize Cote D’Ivoire telecom rules

WASHINGTON-Western Wireless International Corp., citing the still-unresolved dispute over the ransacking of its cell-phone operations in Cote D'Ivoire in 2003, urged Bush administration trade officials to take a hard look at that country's telecom regulatory practices to determine whether it is in compliance with...

Alltel earnings boosted by wireless prepaid, wireline

LITTLE ROCK, Ark.-Alltel Corp. reported weaker-than-expected fourth-quarter wireless earnings, but outpaced analysts' predictions by adding 147,000 net new wireless subscribers during the final three months of 2005, most of which were prepaid customers. Alltel reported that 90,000 of 147,000 net new wireless subscribers were...

S&P downgrades Alltel ahead of quarterly report

NEW YORK-Alltel Corp.'s board of directors declared a 38.5 cent quarterly dividend on shares of common stock, while Standard & Poor's Ratings Services bumped Alltel's corporate credit ratings down a notch. Standard & Poor's downgraded both Alltel's long-term and short-term credit rating one notch...

Top Stories of 2005

Editor's note: At the end of each year, the RCR Wireless News editorial staff looks back on the news events that made headlines and decides which were the most significant, industry-impacting stories during the past 12 months. While our list does not include the...

Top Stories of 2005

Editor's note: At the end of each year, the RCR Wireless News editorial staff looks back on the news events that made headlines and decides which were the most significant, industry-impacting stories during the past 12 months. While our list does not include the...

Alltel, U.S. Cellular complete swap

LITTLE ROCK, Ark.-Alltel Corp. said it has completed a wireless property exchange with Chicago-based U.S. Cellular Corp., fulfilling part of the divestiture requirements imposed as part of Alltel's purchase of Western Wireless Corp earlier this year. Alltel acquired two rural service area markets in...

Pure-play Alltel must decide whether to buy into national market

With Alltel Corp.'s announcement last week that it would spin off its wireline business and merge it with Valor Communications Group, the nation's fifth-largest carrier is on its way to becoming purely a wireless player in an increasingly consolidated mobile marketplace. The declaration had...

Alltel spins off wireline biz

Alltel Corp. will forge ahead as a wireless-only business, the company announced. Alltel is spinning off its wireline business into a $9.1 billion merger with Texas-based Valor Communications Group Inc. The new wireline company will be located in central Arkansas and will focus on...

Alltel spins off wireline business

LITTLE ROCK, Ark.-Alltel Corp. will forge ahead as a wireless-only business, the company announced. Alltel is spinning off its wireline business into a $9.1 billion merger with Texas-based Valor Communications Group Inc. The new wireline company will be located in central Arkansas and will...

Dobson buys Cellular One brand

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...

Dobson buys Cellular One brand

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...