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Verizon Wireless Finds Buyer for Remaining Alltel Assets

Article Comments  17  

Jun 9, 2009, 11:18 AM   by Eric M. Zeman   @phonescooper

Atlantic Tele-Network, Inc. has agreed to buy the final 26 Alltel Wireless markets from Verizon Wireless for $200 million. The markets cover some 800,000 subscribers in Idaho, Illinois, Ohio, North Carolina, South Carolina and Georgia. The deal will close later this year pending regulatory approval. With this agreement in place, Verizon Wireless now has buyers for all 105 of the markets it was required by the FCC to divest as a condition of its purchase of Alltel Wireless. Atlantic Tele-Network runs a subsidiary called Commnet Wireless, which provides wireless voice and data roaming services for U.S. and International carriers.

from Atlantic Tele-Network / Verizon Wireless
more info at Boy Genius Report »



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Subject Author Date
Official Statement from Atlantic Tele-Network Eric M. Zeman Jun 9, 2009, 11:52 AM
When will AT&T buy out this company! ne6rocks Jun 9, 2009, 8:15 PM
So im not seeing great coverage... cellphoneslinger Jun 9, 2009, 11:43 AM
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