Alltel announced it has agreed to be acquired by private equity partners Goldmann Sachs and TPG for $27.5 billion. Rumors surrounding the purchase of Alltel began as soon as the former Alltel split itself in two, with Windstream taking over the wireline assets and Alltel Wireless becoming an all wireless company. Alltel is the fifth largest wireless provider in the U.S., and serves primarily tier two and three markets.

Click the video image above for more details.

Advertisement

Join the Conversation

Leave a Reply

Your email address will not be published. Required fields are marked *

Don’t Miss Any of Our Content

What’s happening with broadband and why is it important? Find out by subscribing to Telecompetitor’s newsletter today.

You have Successfully Subscribed!