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 »
Verizon and T-Mobile Agree to $173M Spectrum Swap
Verizon Wireless and T-Mobile have agreed to exchange AWS-1 and PCS spectrum in dozens of markets around the country in a deal valued at $173 million. The spectrum in question covers portions of Arkansas, California, Illinois, Indiana, Iowa, Kentucky, Massachusetts, Minnesota, Mississippi, Missouri, Montana, New York, North Dakota, Ohio, Pennsylvania, South Dakota, Tennessee, and Virginia.
Flat Wireless Alleges Verizon Charging Unfair Roaming Rates
Flat Wireless, a Texas-based company, has filed a complaint with the FCC over roaming rates charged by Verizon Wireless. Flat said Verizon's data rates are "unjust and unreasonable in absolute terms and in relation to charges assessed by Verizon Wireless for similar services to its retail customers, MVNOs, and to international roaming partners.
Verizon Wireless Customers Can Roam In Cuba
Verizon Wireless today added Cuba to the list of countries in which its customers can access network services when traveling. Roaming in Cuba (world phone required) won't be cheap.
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.
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.
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 ... »