Alltel To Buy Midwest Wireless
Top message: more consolidation (thoughts) by nextel18
Replying to: Re: more consolidation (thoughts) by tadams
costly? well, tmobile has to spend money on doing many costly things.. ie increasing coverage, getting 3g spectrum and rolling out a 3g network.. this way they can just buy a company who already has a great footprint and possibily create some synergies..
it costs a lot of money to expand in any business, but one hopes to get a ROIC on it.
alltel has 75 million licensed pops with only 10 million customers..
it also looks like according to their balance sheet their wireless (property, plant and equipment) is 6.6 billion dollars.
(this also doesnt include their recent purchase)
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