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Alltel Begins Serious Discussions For A Sale

Article Comments  69  

May 9, 2007, 1:22 PM   by (staff)

At least three pairs of private equity groups have put in bids for Alltel according to sources. Alltel revealed it was considering a sale in February and since then has been courting offers. No carriers have yet expressed an interested in buying the regional carrier, which is valued somewhere between 25 to 30 billion dollars. If one of the equity partnerships purchases Alltel, it is unlikely subscribers will notice any immediate changes. However it is likely they would only buy the carrier to hold it until a larger company is prepared to buy it.

more info at Reuters »
more info at Information Week »

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Subject Author Date
how sprint could do this Jonathanlc2005 May 10, 2007, 3:40 PM
What about monopolies? jskrenes May 10, 2007, 10:24 AM
What makes you think a carrier will buy? AshDizzle May 10, 2007, 4:33 AM
Sounds like Alltel is trying to push stock up again? vytaL May 9, 2007, 1:36 PM
Vodafone? phlanges May 10, 2007, 9:30 PM
Verizon Will Probably Win the Bid. There the Most Reliable Remember? Cell Phones May 10, 2007, 6:11 AM
Its gonna be messy! GIREVIKS May 10, 2007, 8:46 PM
Great, now they're going to suck like verizon does mw717 May 10, 2007, 11:15 AM
Sprint can't afford it rmtp22 May 9, 2007, 4:35 PM
VZW moves in for the kill nswint May 9, 2007, 2:34 PM
I think........ Talkabout-Allen May 10, 2007, 9:59 AM
I Wish Alltel and US Cellular Would Merge... SystemShock May 10, 2007, 1:48 AM
 
 
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