A very high up close friend of mine let me know that there are very serious talks going on concerning a buyout from VZW. It is very close to be announced.
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I don't see it as a big time impossibility for Verizon to buy USCC. Verizon is pissed that they are the second largest in the nation, THEY WANT THE TITLE BACK! They will buy USCC just for the customers at whatever cost, Verizon's not stupid they want the customers... Thats the bottom line, along with the customers come thier revenue.. For Verizon they can buy USCC get rid of half the stores, which makes the customers worth more because there is less overhead. The fact that USCC is making money is just more fuel in the buyout fire... So pretty much what Verizon would be buying is.... MORE PAYCHECKS and the ablity to once again say, hey were the biggest.
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jadyejr said:
I don't see it as a big time impossibility for Verizon to buy USCC. Verizon is pissed that they are the second largest in the nation, THEY WANT THE TITLE BACK! They will buy USCC just for the customers at whatever cost, Verizon's not stupid they want the customers... Thats the bottom line, along with the customers come thier revenue.. For Verizon they can buy USCC get rid of half the stores, which makes the customers worth more because there is less overhead. The fact that USCC is making money is just more fuel in the buyout fire... So pretty much what Verizon would be buying is.... MORE PAYCHECKS and the ablity to once again say, hey were the biggest.
Your business acumen is really quite sad...
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Are you kidding me verizon wireless is a company of many others. They were the first wireless company that wnet on a merger and buying spree!
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this comes out every few months i would not loose any sleep over it. π€¨
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actually verizon's big thing right now is becoming the largest, again.
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nonmeatgazer said:
A very high up close friend of mine let me know that there are very serious talks going on concerning a buyout from VZW. It is very close to be announced.
Well if I had a dollar for everytime this has been discussed. Is your friend a well placed janitor who cleans the boardroom?
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That would be about the 30th time in 3 years that I've seen almost this same exact topic. If it happens, then great! Gives me a reason to go back to teaching, if it doesn't Great! I can continue as I always have.
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I'll believe it when I see it
But I highly doubt this "source" of yours
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Doubt that he's doing more than chain pulling. He hasn't responded beyond the original post.
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Yea
Its very annoying
But if this was true I would be disappointed.
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it would help verizon out with nothing but numbers and I don't see any company spending money and large as it would be to buy USCC just to get customers!
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well, they would also gain territory. They would get Nebraska, and hopefully build it up, they would get Northern Iowa, some more parts of minnesota, wisconsin. Those are just some area I can think of off the top of my head.
I doubt this is true. there is also areas they would have to get rid of to prevent overlay. Time will tell all.
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what about centeral and south western oklahoma and north west texas, most of kansas, major markets in oregon that verizons pays uscc roaming on already......uscc has a lot to offer but I highly doubt the sale will happen and your so called friend that is higher up got **** canned for leaking this if it was true!
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yeah probably. But I still think alltel is a better choice to buy. They will net around the same price with verizon getting more with alltel.
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I would be going back to school and getting my certification up to date. I won't work for Verizon.
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this is definately a huge possibility...why do you think verizon has been buying out smaller cell phone companies like Ramcell and Rural Wirless?..so they can gain more customers without a huge price..if they really wanted a lot of new customers, they would aim at a bigger CDMA company, like U.S. Cellular...its the same thing with at&t with the dobson buyout..Dobson was one of the biggest GSM providers so they bought it to widen the gap from Verizon to stay on top... i also look for this to happen very soon... cause we all know Verizon has money π
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At this moment, it would be smarter for them to get Alltel, who is being held by a couple of holding companies, waiting for the right offer. Alltel is at least in the market to sell, and would probably be easier to get a hold of. Alltel is much bigger (customer and home area wise) than USCC, which is huge compared to the smaller companies that Verizon has been buying up so much lately. You would think they would just buy Alltel already and get it over with.
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The idea that VZ is interested in USCC is ridiculous. VZ is smarter, more efficient and superior to waste any cash flow on a worthless provider.
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usccSUX said:
The idea that VZ is interested in USCC is ridiculous. VZ is smarter, more efficient and superior to waste any cash flow on a worthless provider.
If USCC were willing to sell, I wouldn't say that VZW trying to acquire USCC would be going after a worthless provider. Verizon would like to get the rest of the B block that they were forced to divest Primeco Chicago & Northern Indiana. For the NE, I believe if they acquired Unicel today, I believe depending on who covers their area better, I believe where USCC & Unicel overlapped, they might divest the Unicel network, just because USCC's network would be cheaper to integrate than Unicel's network (even if VZW said they would keep the GSM network...
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LOL
Not happening, if it all, anytime soon.
This rumor has been going on for YEARS...
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Since Verizon started, that rumor has been rolling around.
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You are correct. I think with the response over the last year of TDS buying up shares of the open stock does not show signs of a buyout. Dont get me wrong if they got a 25-20billion offer they prob wouldn't say no.
TDS has realized the power of leveraging services across the communication industry. (not just wireless) this is why US Cellular is a very good strategic fit for their business portfolio.
Who knows you might one day see a triple play offer with TDS and US Cellular. (prob not but never know)
US Cellular is attractive to both outside investments and current players so I will look at both.
1. Outside -
From the point of view of a holding company, investment bank or other wealthy (Murdock lol) a wireless venture w...
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π€£
I'm not sure who you are talking to but dont believe everything you hear. I work for one of the mentioned carriers. My position puts me in the position of knowing this is not real. Verizon is not buying USCC. USCC is not for sale and will not be. Its rumors like this that make me laugh.
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βUSCC is not for sale and will not beβΒ. Since US Cellular is a publicly traded company, that statement that you mentioned is false, because any publicly traded company can be sold, however, I do not think that Verizon would purchase US Cellular. Will it happen? I donβt think so. Could it? Of course.
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yes, I know it could be sold. That is not what I meant.
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π³ π€£ π π π π‘ π π
that's all I have to say to that post...
LaMe!!!!
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You guys better keep your eyes and ears open the next few days.... Things will get interesting..... I wonder why Rooney sold that stock when he did......
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I would be interested hearing what your friend is saying now. I have been in the wireless business for a very long time and have information about both carriers. This is how I see it. I believe that a buyout of US Cellular is not only possible but probable. Verizon has a new internal slogan "Best to the Biggest" this year! Verizon is very strong in the East and West, but they need to fill in the Mid-West. That is where US Cellular comes into play. US Cellular is very strong in the Mid-West. US Cellular since your post was posted has stopped many of their plans to continue building out the licenses that they have anticipated building out for several years to include Springfield, MO. Due to the fact that penetration rates are so high an...
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wireless expert said:
I would be interested hearing what your friend is saying now. I have been in the wireless business for a very long time and have information about both carriers. This is how I see it. I believe that a buyout of US Cellular is not only possible but probable. Verizon has a new internal slogan "Best to the Biggest" this year! Verizon is very strong in the East and West, but they need to fill in the Mid-West. That is where US Cellular comes into play. US Cellular is very strong in the Mid-West. US Cellular since your post was posted has stopped many of their plans to continue building out the licenses that they have anticipated building out for several years to include Springfield, MO. Due to the
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Does anyone know when this might happen?? Or if this is really in the works? I think it would be awesome, then USCC would have a better selection of phones, if they become Verizon π
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Cell23 said:
Does anyone know when this might happen?? Or if this is really in the works? I think it would be awesome, then USCC would have a better selection of phones, if they become Verizon π
It's still a rumor at this time. But with USCC holding off on expanding into new markets with licenses they have; who knows what's gonna happen. Who knows how much more Alltel will be owned by the investment groups before it gets sold should they get no 700 band licenses.
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I would REALLY like to know what is going to happen because I have been looking into changing my cell service and going with US Cellular. I wanted to go with Alltel but I live in Northern Indiana and their is no Alltel service. My vote would be that Alltel buys US Cellular so that I could have Alltel service!!! π
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You don't want Alltel. One of our associates moved to Carmel and has Alltel now because we haven't moved to Indy yet. She hates it, and so do a few friends of mine down at Bloomington. If you're looking for good service, go with US Cellular.
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Please alltel is by far one of the best carriers I have been with and I have been with them all. USCC is great for voice. But lack on other areas. And price wise you can't beat alltel. But also just look at stock prices. Alltel and USCC were the best performing.
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Alltel will not be buying anyone. They were just bought for more than they were worth. US Cellular is a good buy!
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alltel may not but goldman sachs just might. never say never. But hey we got another wireless expert on our hands. Hope your smarter then phoneexpert.
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IT WILL NOT HAPPEN ANY TIME SOON, IF EVER
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I hope vw buys out uscc, then we can have f***ing EVDO Rev A and some cool phone not this whimpy crap uscc produces
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USCC is not for sale. no matter what you guys write they are making money. viz lost money on ev-do for two years now that the price has come down USCC will roll it out and make money. USCC is smart they will not do anything until it is profitable. but I agree, they need to sell the phone not the network. lets see some phones faster.
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Verizon is not loosing money! Have you seen their end of year numbers. They are the most profitable wireless carrier in the US. Do you know the Carlson family? Have you been in the board room! USCC has 6 million customers since 1985. Verizon put on 6 million on in 2007! You do the math. Something will happen. I don't know if it will be with Verizon, but it will happen.
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Wow how many compaines got bought that were not for sale. Hmm allot. That is the problem with a pubilcly traded company. And right now alltel is the only one tha tcan't be bought unless they put it for sale.
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Sounds like you work for USCC. So I guess it is expected that you have drunk the Kool-aid!
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you are correct that i work for us cellular. why else would my name be usccindiana?
my reasoning for saying what i did is:
- us cellular is the only company out of all the major competitors to never be sold or merged into another company
- us cellular has strived over the entirety of its existence to deliver excellent customer service, and to have that as our core mission. by being "bought out", we would not be able to fulfill that mission.
- people are always saying us cellular is being bought out and it hasn't happened
- us cellular is doing fine on its own, and is working on its own projects to expand coverage and increase services offered to our customers
- the post made at the beginning of all of this was false
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It won't get bought out because there is no reason. They are everywhere the big carriers are. And Sprint has never been sold. No matter how they say it nextel was bought by sprint.
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I am not disagreeing with every thing you are saying. I have been affilated with USCC for a very long time in one capacity or another, but I have inside information regarding future plans to expand. Starting with the fact that USCC's entire agent sales force is pulling out of St. Louis. USCC is giving all the agents in St. Louis a free ticket out. The agents have done a great job of selling the service with all the extras, but that is not keeping the customers from coming back in groves and disconnecting in large numbers. With most every store having a disconnect ratio of 60 to 80% it doesn't look good. If St. Louis doesn't make it I don't know if USCC will hang out long term. If you are from Indiana you could not have been with USCC ...
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This is perhaps the most ill informed comment I have ever heard. U.S. Cellular has just signed a 5 year deal with Alcatel-Lucent (hello EVDO) to expand the network and has announced a whole new line up of competetive phones. They are expanding rapidly and are (gasp) making money.
To sell out the company would require our majority shareholder to sell us off. That majority shareholder is TDS, and guess what, it would make absolutely zero sense for TDS to sell off a subsidiary company that is making them a profit while simultaneously allowing the company to invest in long term projects that will expand the network.
I could go on if need be.
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Maybe Verizon buys out TDS lock stock and barrel........As for US Cellular expanding not sure where you're getting your info from. Jack says no new markets in 2008. US Cellular has not expanded in a couple of years after getting beat up by the big boys in St. Louis.
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Expansion doesn't mean new markets neccessarily. But expanding the data services that USCC can offer is a major expansion that requires massive investment by the company and increase penetration in existing markets.
As for TDS selling our US Cellular...
TDS is majority shareholder, which means that the Board of Driectors is pretty much all TDS. The Board of Directors would not allow a deal like that if TDS is planning on selling the company, especially with Verizon announcing plans to move to GSM.
It just makes no sense to me unless there is something that I am not seeing.
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motoryan23 said:
TDS is majority shareholder, which means that the Board of Driectors is pretty much all TDS. The Board of Directors would not allow a deal like that if TDS is planning on selling the company, especially with Verizon announcing plans to move to GSM.
It just makes no sense to me unless there is something that I am not seeing.
This has been discussed in the Verizon Wireless forums, but they're not going GSM. They're going LTE, which is the path that GSM carriers are going, since GSM is based on TDMA, and can't be upgraded any further. CDMA is still upgradeable, but Verizon chose to go with LTE, along with their partner Vodafone. If USCC is still around by the time LTE gets launched, ...
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If TDS sells or gets taken over by another company. That company would automatically own the 80% ownership in USCC. Your comment of them not selling to Verizon because they are moving to GSM is not true. Verizon is not moving to GSM. The platform Verizon is moving to is the next gen 4 platform. Which is where CDMA and GSM will somewhat merge. And if you think that Verizon would not spend the money to convert USCC's network your mistaken. Verizon only spends about 5 BILLION dollars a year on their network. Which they will be spending the money to upgrade their existing network too. If people would stop looking threw their own rose colored carrier glasses and actually looked at the entire industry as a whole then they may see the whole...
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motoryan23 said:
This is perhaps the most ill informed comment I have ever heard. U.S. Cellular has just signed a 5 year deal with Alcatel-Lucent (hello EVDO) to expand the network and has announced a whole new line up of competetive phones. They are expanding rapidly and are (gasp) making money.
To sell out the company would require our majority shareholder to sell us off. That majority shareholder is TDS, and guess what, it would make absolutely zero sense for TDS to sell off a subsidiary company that is making them a profit while simultaneously allowing the company to invest in long term projects that will expand the network.
I could go on if need be.
uscc is not for sell and tds and the Carlson f...
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USCC will continue to do business with it's vendors if and when it ever gets bought out. These things or events do not mean anything when it comes to them being sold. I know the relationship with TDS, but has anyone considered the fact the TDS is a publicly traded company and also could be purchased. I don't see the Carlsons getting any younger. So who do you think will be the next wireless company that could be purchased and approved by the FCC? I don't see Sprint being purchased and approved by the other big 3.
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Wireless "expert". Please share with the group what gives you your "expert" status.
Thanks
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Obviously "wireless expert" has no response to this question. Not surprised !
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Where was that announcement you were predicting seven months ago ?
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