Today Cellular South, which is based in Mississippi, announced its intent to purchase Alabama-based Corr Wireless. Corr Wireless employs about 130 people and provides services in the northern regions of Alabama to about 30,000 customers. The cities of Huntsville, Madison, Decatur, and Gadsden are located in Corr's service footprint, as are Blount, Cullman, Marshall, Dekalb and Jackson counties. Corr also provides service in Rome, Ga. Terms of the deal were not disclosed, and it must meet with regulatory approval before it can be completed.
This is basically a mom and pop acquiring another mom and pop. The thing is Cellular South is CDMA and Corr is GSM. I wonder what their plan is and if they even attempted to obtain any of the divestitures from the Alltel or Centennial buyouts?
Yes, I am very curious as to how this is going to work. I am a Corr customer and I love Corr. My daughter also works for Corr, so we can't figure out how the CDMA/GSM thing is going to work. They are saying 6 months for the FCC and then up to a yea... (continues)