Verizon Wireless Finds Buyer for Remaining Alltel Assets
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 »
Official Statement from Atlantic Tele-Network
Atlantic Tele-Network to Acquire Divestiture Properties from Verizon Wireless...
Business Wire SALEM, Mass. -- June 09, 2009 Atlantic Tele-Network, Inc. (NASDAQ:ATNI) today announced a definitive agreement to acquire certain wireless assets from Verizon Wireless for $200 million. Under terms of the agreement, ATN will acquire wireless properties, including wireless spectrum licenses and network assets,serving over 800,000 subscribers primarily in rural areas across Georgia,North Carolina, South Carolina, Illinois, Ohio, and Idaho. Verizon Wireless is required to divest these properties as part of the re
When will AT&T buy out this company!
So im not seeing great coverage...
So check it out.
http://www.commnetwireless.com/coverageGeneral/CDMAL ... »
http://www.commnetwireless.com/coverageGeneral/GSMLa ... »