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Alltel

Is Verizon Wireless Buying Alltel For Its Assets Or For Its Culture Of Innovation?

Tricia Duryee

Jun 5, 2008 4:09 PM

Verizon Wireless’s (NYSE: VZ) $28.1 billion acquisition of Alltel (NYSE: AT) will create the largest U.S. wireless carrier, but at the same time, it will eliminate one of the most innovative carriers in the country, which begs the question: Is Verizon buying Alltel for its towers and subscribers, or also…

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Posted In: Mobile, alltel

Updated: Verizon Wireless Ponders $27 Billion Buy-Out Of Alltel; Vodafone Confirms Talks

Tricia Duryee

Jun 4, 2008 3:26 PM

Verizon Wireless (NYSE: VZ), the second-largest U.S. carrier, is reportedly in talks to buy No. 5 Alltel (NYSE: AT) Communications for $27 billion, according to CNBC, which cited unnamed sources. Spokespeople at Verizon and Alltel declined to comment on the news, reported AP. Together, the two companies would easily surpass…

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Posted In: Mobile, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Verizon, alltel

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