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Verizon: Alltel Deal to Close Jan. 9

Article Comments  36  

Jan 4, 2009, 9:15 PM   by Eric M. Zeman   @phonescooper

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.

more info at BusinessWeek »



This forum is closed.

This forum is closed.


Jan 7, 2009, 4:49 PM

monopolozation without a monopoly

eventually ATT and Verizon will be the only ones left as each gobble up the smaller companies, yet with companies like tracphone, virgon mobile and net 10. there will always be options, there for not really a monopoly. kind of like a loop hole, as i see it. when it comes to a 2 yr post pay you will only have 2 choices, but with pre pay. there will always be more then 2. next i hope ATT takes T_Mobile.

NokiaGoth Twisted Evil

Jan 5, 2009, 1:27 AM


I didn't realize Alltel was 22 billion in debt! That's massive!

I suppose all the cell phone companies are in debt, perhaps. Can anyone clarify this for me?
I think when they say debt they don't mean the company is operating at a loss. they mean that verizon is going to pay off any loans the company may have . phone companies operate for the most part on a debt system meaning they are not paying for all o...

Jan 7, 2009, 9:51 AM


I hope to God that this does not promote thoughts of monopolizing the US cell-market from the Big Red Nazi (Verizon Wireless). When Cingular bought out AT&T Wireless in 2004 they became the Big Blue Nazi.
But now we really will have Clash of the Titans!

Jan 5, 2009, 2:48 PM

alltel stores / agents

i work at an at&t retailer, and there is an alltel retailer right beside me.

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

On this Friday, Verizon will own the Alltel Corp.

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...
you will be assimilated! Your biological and technological distinctiveness will be added to our own. From this day forward you will service US! Your red and black nano-probes will arrive on Friday! Twisted Evil

Jan 5, 2009, 2:48 PM


So maybe those commericals from alltel will stop! That is all I care about. Stop bashing everyone Alltel!
...But I work for verizon and I enjoy the Chad Commercials.

Compared to most of the other ads out there, they are rather creative.
They should have the guy from the Christmas Tree sales commercial murder Chad.
how about having the "can you hear me know" guy ask "can you hear me now?" and then cut to Chad. "Yes, dam it, I can hear you now.." and then have the Tmo and ATT guys onlooking in jealousy!
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