Verizon: Alltel Deal to Close Jan. 9
Verizon Wireless indicated in regulatory filings that it plans to close its acquisition of Alltel on Friday, January 9. Verizon is paying $5.9 billion for Alltel, as well as taking on $22.9 billion of debt. The acquisition will make the merged entity the largest wireless provider in the U.S., with 78 million customers.
Verizon to Sell Landline Biz to Frontier for $10 Billion
Verizon Communications today confirmed plans to sell part of its wireline telephone and internet business to Frontier Communications for $10 billion. The deal covers Verizon's consumer and business assets in California, Florida, and Texas.
Verizon Picks Up XO's Fiber Network to Beef Up Backhaul
Verizon Communications today said it has agreed to acquire XO Communications' fiber business for $1.8 billion. The deal, says Verizon, will help it serve its enterprise and wholesale customers, as well as allow Verizon to further densify its cellular network.
AT&T to Buy Time Warner for $85.4 Billion
AT&T has agreed to purchase Time Warner for $85.4 billion in a stock-and-cash deal that will merge AT&T's delivery networks with Time Warner's vast catalog of content. AT&T believes the combined companies will be able to save $1 billion per year once fully merged.
Verizon to Buy Yahoo's Internet Business for $4.8B
Verizon Communications today said that it has agreed to buy Yahoo's core internet and search businesses for $4.83 billion. Yahoo's properties will join AOL under Verizon's ownership, to be managed by Marni Walden, EVP and President of the Product Innovation and New Businesses organization at Verizon.
monopolozation without a monopoly
I suppose all the cell phone companies are in debt, perhaps. Can anyone clarify this for me?
alltel stores / agents
they have no idea whats going to happen to them... anyone else maybe know?
is alltel going to simply not exist anymore? or will they start receiving vzw devices?
anyone? please and thanks
Alltel plans will stay the same until the store name changes.
So your Alltel store will have Alltel phones and plans until there name changes to Verizon.
And really really soon, this month, Ve...
Compared to most of the other ads out there, they are rather creative.