Alltel To Buy Midwest Wireless
Nov 18, 2005, 11:06 AM by (staff)
Alltel today announced an agreement to purchase Midwest Wireless for just over $1 billion. Alltel expects to gain approximately 400,000 wireless customers in southern Minnesota, northern and eastern Iowa, and western Wisconsin. These markets are contiguous to existing Alltel operations and cover a population of 1.9 million. The deal includes both 850 MHz and 1900 MHz PCS spectrum owned by Midwest. Closing of the transaction is contingent upon regulatory approval and is expected to occur in the first half of 2006.
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Comments
more consolidation (thoughts)
thanks rich.. 🙂
(if you want you can take the post off of this news that is located on the alltel forum)
as you can see there will be more consolidation as carriers especially rural ones try to compete.
opinions?
thoughts about if tmobile usa buys alltel?
(if you want you can take the post off of this news that is located on the alltel forum)
as you can see there will be more consolidation as carriers especially rural ones try to compete.
opinions?
thoughts about if tmobile usa buys alltel?
Why would T-Mobile buy Alltel? Alltel runs CDMA, T-Mobile is GSM. What a pain in the rear to convert a ton of CDMA people to GSM.
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nextel18 said:
thanks rich.. 🙂
(if you want you can take the post off of this news that is located on the alltel forum)
Okay, if I can even begin to figure out what was just said...you want Rich to take th...
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Why and how would T-Mobile buy Alltel. They use two different technologies.
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mr. 18 although he does drop "weird science" (lol) maybe right on this one t-mobile, alltel all gsm would be hot.
and dual tech phones wouldn't be that hard to fight through. at&t/cingy had gait phones which were tdma/gsm and nextel/sprint has the...
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and dual tech phones wouldn't be that hard to fight through. at&t/cingy had gait phones which were tdma/gsm and nextel/sprint has the...
(continues)
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I find a merger of Alltel and T-Mobile is highly unlikely.
Wouldn't it make more sense, since Alltel wants to grow fast, for it to buy Cricket (Leap Wireless)? It's not a huge company, but it is still sizable with 1.6 million customers, and it uses...
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Wouldn't it make more sense, since Alltel wants to grow fast, for it to buy Cricket (Leap Wireless)? It's not a huge company, but it is still sizable with 1.6 million customers, and it uses...
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Oooh - verizon will finally have data coverage in most of Minnesota?
Thinking out loud - From what I've read on howard forums, verizon has a data roaming agreement with alltel nowadays. And a lot of verizon's coverage in Iowa and Minnesota is through Midwest Wireless (as I understand it).
So will verizon *finally* have data coverage throughout most of Iowa and Rochester, Minnesota?
So will verizon *finally* have data coverage throughout most of Iowa and Rochester, Minnesota?
I dunno. It all depends on the agreements Verizon signed with Midwest. I am hoping that this deal finally brings an end to Verizon not selling in Southern Minnesota.
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As a side note Verizon will launch their data services in Rochester and southern Minnesota on November 30th. This is a great move in the right direction for Verizon! I also heard that Access Wireless is giving 25% off all accessories for their grand...
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Alltel to GSM????
I was just wondering how this rumor got started in all of these threads. What Western Wireless did was dedicate some bandwitdth to TDMA/GSM in rural areas like Montana where I live and in North/South Dakota.
There is no cingular or t-mobile in this area so they have no network to use and Western Wireless provides that to get the roaming money off of Cingular/T-mobile. It has been this way for quite some while and Western Wireless has been updating their CDMA network as has Alltel so where did this rumor come from?
There is no cingular or t-mobile in this area so they have no network to use and Western Wireless provides that to get the roaming money off of Cingular/T-mobile. It has been this way for quite some while and Western Wireless has been updating their CDMA network as has Alltel so where did this rumor come from?
I think we're speaking hypothetically. Alltel isn't switching they're just adding GSM for roamers as a means to generate revenue the way Western Wireless did. Western never sold any GSM phones, they just had the network in place.
More detailed Facts about the Buyout of MidWest Wireless
Midwest Wireless currently has approximately 427k subscribers on its 850MHz spectrum covering a population of 1.9 million in Minnesota, Iowa, and Wisconsin. Midwest also holds 1900MHz PCS licenses covering 2.1M POPs, which is valued at $15-20M.
Midwest Wireless licenses overlap Alltel's in several Minnesota markets, making divestiture of some assets a possibility.
Midwest also holds 1900MHz licenses covering 2.1M POPs, valued at $17M.
This adjusted price represents approximately $560/POP and $2,500/sub. (basically how much AT paid for MidWest Wireless.) they paid $1.075 billion in cash.
Some Overlap With Legacy Western Wireless Licenses. Midwest Wireless has some cellular license overlap with legacy Western Wireless asset...
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Midwest Wireless licenses overlap Alltel's in several Minnesota markets, making divestiture of some assets a possibility.
Midwest also holds 1900MHz licenses covering 2.1M POPs, valued at $17M.
This adjusted price represents approximately $560/POP and $2,500/sub. (basically how much AT paid for MidWest Wireless.) they paid $1.075 billion in cash.
Some Overlap With Legacy Western Wireless Licenses. Midwest Wireless has some cellular license overlap with legacy Western Wireless asset...
(continues)
