AT&T to Acquire Alltel Assets for $780 Million
AT&T today announced that it has agreed to purchase Atlantic Tele-Network's Alltel assets for a total of $780 million. The agreement includes wireless spectrum licenses in the 700, 850, and 1900MHz bands, network assets, retail stores, and 585,000 subscribers. Alltel Wireless was purchased by Verizon Wireless in 2008. As part of the acquisition, Verizon was required by the Federal Communications Commission to divest some assets. AT&T picked up some of those assets and Atlantic Tele-Network picked up the rest. Atlantic Tele-Network continued to run those assets under the Alltel brand across portions of six states, covering some 4.6 million POPs. AT&T is now hoping the FCC will allow it to purchase those assets from Atlantic Tele-Network. The deal, which is subject to regulatory approval, is expected to close during the second half of the year.
U.S. Carriers Share Galaxy S9 and S9+ Launch Plans and Pricing
All four major carriers in the U.S. plan to sell the Samsung Galaxy S9 and S9+ beginning in March.
Android Messages with RCS to Reach More Phones On More Carriers
Google says its Android Messages app is on the upswing thanks to new RCS-based tools and growing support from phone makers and wireless network operators. To start, brands now have more power to interact with consumers thanks to RCS business messaging.
Sprint to Sell Certain Network Assets for $2.2 Billion
Sprint has agreed to sell select network assets to a company called Network LeaseCo and then lease back those assets for an unspecified sum. The move is meant to boost Sprint's cash position and will eventually add $2.2 billion to the company's coffers.
C Spire Looking to Nab 700MHz Spectrum
C Spire Wireless is hoping to buy some Lower 700 MHz C Block spectrum from Waller Wireless. The companies recently filed the request with the FCC.
Verizon and T-Mobile Agree to $173M Spectrum Swap
Verizon Wireless and T-Mobile have agreed to exchange AWS-1 and PCS spectrum in dozens of markets around the country in a deal valued at $173 million. The spectrum in question covers portions of Arkansas, California, Illinois, Indiana, Iowa, Kentucky, Massachusetts, Minnesota, Mississippi, Missouri, Montana, New York, North Dakota, Ohio, Pennsylvania, South Dakota, Tennessee, and Virginia.
Just what AT&T needs
Stark contrast between the two.