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Alltel was a landline, wireless and general telecommunications services provider, primarily based in the United States. Before its wireless division was acquired by Verizon Wireless and AT&T, Alltel provided cellular service to 34 states and had approximately 13 million subscribers.
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Jun 5, 2008 · Verizon Wireless announced a cash merger with Alltel Corporation in June 2008, expanding its network coverage, spectrum and customer base. The transaction was completed by the end of the year, subject to regulatory approvals, and created an enhanced platform for reliable wireless services.
Jun 5, 2008 · Verizon Wireless announced a $28 billion deal to buy Alltel Corp. in 2008, creating the biggest mobile-phone company in the U.S. The deal was driven by customer growth, cost savings and network technology.
Jan 9, 2009 · Verizon Wireless paid $5.9 billion for the equity of Alltel and divested some markets to comply with regulatory approval. The acquisition expanded Verizon Wireless’ network coverage to 290 million people and increased its customers by 12.9 million.
Jan 9, 2009 · Verizon Wireless bought Alltel Wireless for $28.1 billion in 2009, becoming the largest wireless carrier in the US. The deal affected millions of customers in the Midwest and South, and required network and pricing changes.
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Nov 4, 2008 · The FCC voted to allow Verizon Wireless to buy Alltel for $28.1 billion in 2008, creating the largest wireless carrier in the U.S. The deal faced opposition from consumer advocates and required Verizon to divest some markets to ensure competition.
