Verizon: Alltel Deal to Close Jan. 9
Verizon Wireless indicated in regulatory filings that it plans to close its acquisition of Alltel on Friday, January 9. Verizon is paying $5.9 billion for Alltel, as well as taking on $22.9 billion of debt. The acquisition will make the merged entity the largest wireless provider in the U.S., with 78 million customers.
Broadcom Takes Aim at Qualcomm with Unsolicited $130B Bid
Nov 6, 2017
Broadcom today made an unsolicited offer to buy Qualcomm for $70 per share, a deal valued at approximately $130 billion. According to Broadcom, the merged entity would be a diverse communications semiconductor company that would be able to accelerate innovation, deliver more advanced products, and create compelling financial savings/efficiencies.
AT&T to Buy Time Warner for $85.4 Billion
Oct 23, 2016
AT&T has agreed to purchase Time Warner for $85.4 billion in a stock-and-cash deal that will merge AT&T's delivery networks with Time Warner's vast catalog of content. AT&T believes the combined companies will be able to save $1 billion per year once fully merged.
T-Mobile, Sprint On the Verge of Announcing Merger: Reports
Apr 27, 2018
T-Mobile and Sprint are once again weighing a merger between the two businesses and may make an announcement as soon as Sunday, according to multiple reports. Unnamed sources cited by Bloomberg, Reuters, the Wall Street Journal, and the New York Times all suggest the two companies, which have flirted with one another for years, are back at the table hammering out a deal.
Consumer Advocates Lodge Complaint Against T-Mobile
Dec 8, 2015
Several consumer protection advocates are asking the Consumer Financial Protection Bureau to investigate T-Mobile's business practices. In particular, the groups believe T-Mobile's "no-contract" advertising is deceptive, and its debt-collection policies are predatory.
Sharp-Foxconn Deal Imperiled by Hidden Liabilities
Feb 26, 2016
Foxconn was on the verge of buying troubled Sharp when the deal met a roadblock at the last minute. Sharp disclosed more than $3.1 billion in liabilities (debt, tax claims, and intellectual property damages) that threw the negotiations into disarray, according to sources cited by the Wall Street Journal.
monopolozation without a monopoly
I suppose all the cell phone companies are in debt, perhaps. Can anyone clarify this for me?
alltel stores / agents
they have no idea whats going to happen to them... anyone else maybe know?
is alltel going to simply not exist anymore? or will they start receiving vzw devices?
anyone? please and thanks
Alltel plans will stay the same until the store name changes.
So your Alltel store will have Alltel phones and plans until there name changes to Verizon.
And really really soon, this month, Ve...
Compared to most of the other ads out there, they are rather creative.