Telecompetitor

Atlantic Tele-Network (ATN), a Salem, Massachusetts based telecom holding company, is purchasing the remaining divested Alltel assets from Verizon. The purchase for $200 million includes approximately 800k subscribers and the wireless network and spectrum assets covering 26 markets in Georgia, Idaho, Illinois, North Carolina, Ohio, and South Carolina. The new ATN/Alltel footprint covers 4.5 million POPs. Verizon was required to divest the assets as ...

Verizon has agreed to sell 1.5 million of the 2.2 million Alltel wireless subscribers it was mandated to shed as a condition of their Alltel acquisition to AT&T for $2.35 billion. The deal includes the network and spectrum assets in 79 markets across 18 states. In a separate transaction, Verizon is buying some wireless markets from AT&T that were acquired from AT&T’s Centennial acquisition. AT&T apparently beat out a ...

Windstream, citing improper billing practices is suing Verizon Wireless for $7 million plus attorney fees. The suit alleges the improper billing practices originated with Alltel, but Verizon is named because of their recent purchase of Alltel. Windstream says Alltel improperly billed Windstream for access charges, based on an intercarrier compensation agreement between the two carriers. The lawsuit has somewhat of interesting angle considering ...

Verizon announced they are adopting a plan similar to Alltel’s popular ‘My Circle’ plan. Verizon is basically adjusting their existing ‘Friends and Family’ plan to include options for 5 (requires a $60/month plan) or 10 (requires a $90/month plan) phone numbers that subscribers can use to make unlimited calls to. Alltel had a 20 number plan as well, but it looks like it didn't make the cut with Verizon. ...

The speculation is building concerning the Alltel spectrum divestiture by Verizon Wireless. The divestiture was mandated by regulators as a condition of Alltel's acquisition by Verizon. There are over 100 markets in 22 states at stake, and Bloomberg News is speculating that Cox, the nation’s third largest cable MSO, is in the running. AT&T is also widely believed to be ...

In order to gain regulatory approval for their acquisition of Alltel, Verizon agreed to divest markets in 22 states, which equates to over 2 million subscribers. The assets are valued at approximately $3 billion. The Wall Street Journal is reporting that AT&T may be the front runner to acquire those assets. We’re hoping such a deal won’t happen and here’s why. Allowing AT&T to gain those assets ...

Verizon received its last regulatory hurdle to acquire Alltel when the FTC recently gave its blessing. Verizon will now become the largest wireless carrier in the U.S. with over 80 million+ subscribers (AT&T will be a close second, at right around 75 million subs, after their Centennial acquisition closes). Alltel joins a growing list of rural wireless carriers who have been swallowed by ...