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Verizon Wireless Agrees to Divestitures to Acquire Alltel

Article Comments  41  

Jul 23, 2008, 3:39 PM   by Eric M. Zeman
updated Jul 23, 2008, 3:47 PM

In order to meet Department of Justice approval, Verizon Wireless agreed to divest some assets with the hope that the concessions will allow its intended purchase of rural cellular provider Alltel to move forward. Verizon agreed to sell off 85 markets across 18 states, mostly in rural areas where its services overlap with Alltel's. Verizon also agreed to certain roaming conditions. These two concessions do not, however, mean that the sale has been approved. Verizon Wireless may still have to take further action to meet regulatory requirements.

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This forum is closed.


Jul 23, 2008, 4:13 PM

So what does this exactly mean?

Divest areas where it will get coverage from Alltel? Doesnt make sense. Will they create a new carrier in those rural areas?
It means verizon agrees to sell of some of it's current network in areas where they overlap with alltel currently to other carriers. It makes plenty of sense verizon will sell to carriers in the rual markets so they can take advantage to alltels netwo...
Ok here it goes

Verizon will suffer Divestitures or Selling of markets (Alltel's not theirs) in order to gain an approval by the DOJ.

Verizon perposes 82 Markets MSA not REGIONS

Those Effected:

Alltel Customer within 82 Divested Markets:...

Jul 23, 2008, 8:26 PM

what will they be getting rid of...

third party providers? ...
or agent stores? ๐Ÿคจ
the alltel agent store in our malls are going to be closed

Jul 30, 2008, 6:47 PM

the stores..

i wonder what they will do with all the stores

in my area, there is a huge verizon hub, next to a huge alltel hub, and there are several alltel stores littered among the town as well...

feel bad for those who might lose their careers
Pink Jazz

Jul 23, 2008, 9:30 PM

Albuquerque, New Mexico?

Since both Verizon and Alltel serve the Albuquerque area, I was wondering, could the Alltel netwok be divested here?

I was thinking if Alltel's ABQ network is divested, it could possibly end up with Cricket.

I am also wondering though, could MetroPCS or US Celluar buy the Albuquerque Alltel network to gain a foothold here if it is divested? Of course, it would be the entry of a carrier that nobody in Albuquerque has ever heard of.
True but

In the past it has not been uncommon to see complete new company names appear.

It is likely that Albuquerque is on the target list.

This is not a guarentee that it will be divested becuase if the spectrum holdings arent too high...

Jul 23, 2008, 6:37 PM

will these "excess bands" go to att?

remember when att got Dobson, att sold the excessive spectrum to VZW
will VZW do the same?
99.99999% possible
AT&T was listed first in the RCR article as a possible candidate for the divestitures.

Jul 26, 2008, 1:21 PM

Targeted Divesture Map

I have the map the VZW has released to the DOJ. I am willing to share it if one could tell me how to post a PDF.

The map shows the areas they plan on selling off.
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