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Alltel Is For Sale!!

mojo660

Mar 13, 2007, 10:12 AM
Several companies have considered the offer but VZW seems to be rather interested...
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foneguy

Mar 13, 2007, 10:35 AM
You should read the rest of the forum...you would have learned this a couple of weeks ago.
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nextel18

Mar 13, 2007, 10:39 AM
Not sure if you are aware, however we have been talking about this topic extensively in other forums as well as the main one under the “news” tab.

Besides, for Vzw interested, Sprint and private equity are interested too; Sprint will probably be the likely suitor if it is a carrier, and if it is not private equity will be.
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foneguy

Mar 13, 2007, 10:43 AM
Honestly, at this point, I don't think Sprint wants a merger, they're still profitable, even with the troubles they're having converting networks (nevermind billing issues that they don't seem to ever want to fix).

Alltel doesn't want to be "bought" by Sprint, they want to merge with Sprint. That's the major sticking point right now, or so the internal rumors go, otherwise, you'd see the deal done by the end of the month, and announced on the first.
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nextel18

Mar 13, 2007, 11:13 AM
Of course, Sprint wants a merger and if it further enhances coverage, capacity, creates synergies and offers newer products and services they will do it in a flash. Remember, the Sprint and Nextel merger was complicated on many levels and the strategy and the outcome obviously were two different situations, but they will turn around. Frankly, they must. They have the assets to be the leader in the industry. There will be $14B+ in NPV synergies that will be realized so that is ok. (With the Sprint-Nextel merger)

Whether it will be a merger or a buyout, it does not make a difference. There will not be a merger of equals of course because of the market cap and Sprint will obviously want control of the company. (As they have with this curren...
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foneguy

Mar 13, 2007, 12:39 PM
Should this deal go forth, from my understanding, the Alltel management team would be taking over post merger, instead of the current management team.

No word on how this would impact the end user yet, but I would hope for the company to keep "My Circle", and find a way to implement it into the current offerings.

Should that be kept, and billing problems be worked out, Sprint would become THE network to be on.

I only hope they pay well.
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dave73

Mar 13, 2007, 6:18 PM
As I mentioned in other threads, there's still the issue of Sprint affiliates in overlapping markets. Sprint is still being sued by their affiliates over the Nextel buyout, and I'm aware of iPCS still holding out on being boughtout. I don't know how many other affiliates are trying to keep themselves from being bought out. But the affiliate issue has to be resolved if Sprint can merge with Alltel in Sprint affiliate overlap markets. I'm not aware of Verizon Wireless having any affiliates. So for Verizon Wireless, they would only have to deal with divested markets. But if the affiliates weren't an issue, then Sprint would be the logical choice since they only have PCS, and combined with Alltel's cellular licenses, they would be under th...
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nextel18

Mar 14, 2007, 5:20 AM
Well if Alltel would want to be the majority of the board and management, they would need to have some concessions such as the price they are seeking. Unfortunately, I do not think Sprint would allow for a takeover of management, no matter how awful they are performing.

Well it would positively influence the end user or subscriber, because it will allow for more products and services to be marketed and launched for those users. It will allow for enhancing the DO coverage, regular coverage, capacity, distribution channels, create synergies which usually gets passed onto customers, and of course with that joint venture set up with Comcast, TWC, Bright house and Cox communications.
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Azeron

Mar 14, 2007, 6:54 AM
I believe a merger or buyout buy an existing U.S. wireless carrier would benefit shareholders but not the consumer and certainly not the employees of the combined entity. That being said, I have always been against Verizon acquiring Alltel, even though it would put VZW back on top. Alltel's stockprice is too high and more importantly from my perspective, there would be significant job cuts down the road. Either that or some employees might find themselves by yet a third carrier as part of a divestiture mandate. As I have stated previously in other posts, the only merger I would like to see is between T-Mobile and Alltel with the new company keeping both networks up and running and selling dual mode CDMA/GSM handsets like China Unicomm ...
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nextel18

Mar 15, 2007, 5:38 AM
Well, I am a shareholder so I would benefit, but as I mentioned before the stakeholders would benefit too. Of course it won’t benefit the employees because chances are they will get fired because of synergies and overlapping in the head counts- that is life and business; so not a big deal.


Well, Alltel has a fair valuation, especially since its spectrum and coverage, but more important its total subscribers. If anyone gets this company, it will drastically improve their footprint, capacity, phone plans, and phone portfolio. They do have 15k or so employees and I probably have to estimate that 5k or so or more will get fired because of any potential deal, except that has to deal with a LBO or private equity as they do not need to reac...
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wombough

Mar 15, 2007, 9:48 AM
I agree with everything however what about this nextel18. IDEN and CDMA are allot harder to merge together because IDEN is only manufactured by Moto. A GSM and CDMA handsets already have been made and released. So I don't see the difficulties of a GSM/CDMA merger as I do with a CDMA/IDEN merger. IDEN is Unique and therefor is in a place all by itself when it comes to issues.
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nextel18

Mar 15, 2007, 10:12 AM
I think the problem with the IDEN/CDMA dual handset has nothing to do with Motorola’s exclusivity with their patented product, but more importantly with technology interference and obviously with execution. I wanted to bring up a point that Nextel tried to do with the I930, not sure if you remember that device, but it was a GSM/IDEN phone, and that phone was horrible for both on the RF side and on the performance side. Therefore, it looks like whenever you combine more than one type of technology with more PAs it seems like it always hurts RF and performance, and I don’t think it has to deal with just IDEN/GSM and IDEN/CDMA. I think it pertains to all technologies.


A few questions with regarding the GSM/CDMA type devices; will these de...
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wombough

Mar 15, 2007, 10:15 AM
What I was meaning is both sprint and verizon both have a GSM/CDMA handset and I only know one person that has it and loves it. Said it work great both in the US and europe were he travals allot. He hates both GSM companies here so that is why he went with the phone.
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nextel18

Mar 15, 2007, 10:49 AM
Oh I see. The thing I was raising is that if you only know one person, it doesn’t seem like many people would have these devices. I think the most important aspects have to deal with capital expenditure, two networks, and data services. I think it would just compete too much against each other and ultimately will hurt the company.

Interesting observations though on your point. I guess we shall see, but I just don’t think that would be a good idea if T-mobile and Alltel hook up.
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wombough

Mar 15, 2007, 10:53 AM
Well it is very expensive sprint only has a smart device and its 499.00 with a 2 yr discount. So unless you travel allot it is NOT worth it. And I agree with you that it would not be a good hook up.

My opinion is sprint needs to buy them even if they don't want to or they will be burried and in a even deeper hole if ATT or Verizon buys them. If its comcast then I don't see them having to.
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nextel18

Mar 15, 2007, 11:16 AM
AT&T and Verizon if they purchase Alltel I don’t think will even pass regulatory muster, so I don’t think they are an equation in this situation. AT&T is busy with their BLS and SBC integration as well as the whole Cingular re-branding process as well as their light speed (Cable offering.) Verizon is busy with their integration of MCI and they also have to focus on trying to convince Voda to sell its 45% stake in VZW.

Yea, I agree with you that Sprint should buy Alltel. Comcast won’t buy Alltel because they have that joint venture so no point yet. After the JV exclusivity period is up, I think Comcast will buy Sprint. I think before then Sprint will buy Alltel. Thus being one family. Comcast/Sprint/Alltel.

I don’t think they will b...
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wombough

Mar 15, 2007, 11:23 AM
I only say a deeper whole because of numbers. I am sure you know data is not the deal maker for allot of people for cell service. And it takes allot to get customers from one carrier to the other. So unless wimax will add VOIP thus making monthly charges cheaper like 2000 min for 50.00 instead of 100.00 as it now I don't think wimax will be a huge thing. Fixed wimax I think will be bigger then mobile.

But any how it will be an interesting few years in wireless!
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nextel18

Mar 15, 2007, 11:40 AM
Well, in some regards Sprint is struggling but in some other metrics they aren’t. postpaid of course they are, prepaid they aren’t, and data they aren’t. A data revenue starts to creep up in terms of overall revenue it is important to bring out newer and innovative data products; Fixed and Mobile Wimax in this case, HSDPA/HUSPA in T-mobile’s and Cingular’s cases, the joint venture with Sprint and the cable companies, and other products. Sprint’s Dual mode devices already have 200k people on there, which is showing some stability and growth, but when the IC902 comes out then those numbers will go up higher. Of course with their data network on the REV A and rev O cards/network those numbers are extremely high and the growth rate is extremely...
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brentgodwin

Mar 13, 2007, 10:47 AM
How do you think this will impact the New AT&T if Alltel indeed does merge/bought out by Verizon?

Just Verizon only...
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nextel18

Mar 13, 2007, 11:23 AM
It is a difficult to answer because I do not think a Verizon/Alltel would pass regulatory muster. If they did, it would be with a lot of conditions which probably then would not be worth it.
If Verizon can implement that deadly quad play with FIOS they will do a great job against AT&T’s HSDPA/HSUPA offering, but they have to come up with the correct marketing and price points.
I think AT&T will have the edge because they are a huge company, but more importantly, Verizon has to focus and spend $40B+ buying Voda’s stake in VZW.
I am sorry I am rambling on because I just do not see how it will help Verizon if they buy out Alltel. The only real thing is that they will increase customers and that is really it.
Sorry I cannot be more preci...
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mojo660

Mar 14, 2007, 9:38 AM
Incorrect.. other topics discussing the possibility of a merger, when in fact this post was to inform that VZW is the ONLY major company still interested. I WORK for VZW so I think I have a little more insight than you so hush up before you make your self look stupid!
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foneguy

Mar 14, 2007, 1:22 PM
Yes...because we all know that you Verizon people know everything. 🙄

I think I'm going to go with the shareholders, and what I have from internal information.

Since you obviously don't know what you're talking about, please, go away. Don't go away mad, just go away.
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krickt

Mar 14, 2007, 1:35 PM
Is this the same guy who told me that Verizon was buying USCC two years ago? That never happened, or even had a news bulletin.

Surely people understand that nobody is taken as an expert or a higher up except for Eric and Rich, around here.

You could be anybody, mojo, or nobody for all we know, so now you hush up before you make yourself look like a fool....

Oops, too late.
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alternals

Mar 14, 2007, 8:15 PM
As a former alltel employee from little rock, I do recall a very proud certain somebody a few years back making a loud and clear statement that if anyone wanted to buy alltel they would have to pry it from his cold dead hands...

That being said, no matter who buys alltel, i'm laughing all the way....
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krickt

Mar 15, 2007, 10:22 AM
Even if a sale never happns, which is highly likely, this has been a positive thing for Alltel. It gives them a clear picture of both their current standing, and their future standing.

Wars and rumors of wars. Or maybe we should call it a tempest in a teapot.

It's time to step back and watch what happens.
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nextel18

Mar 15, 2007, 5:21 AM
It is 100% correct. Verizon is not the only party who is interested in Alltel. That is not true at all.

You work for Verizon? So what; I have ties to the whole industry plus shareholders of majority of the cellular companies. (And other sources)

How dare you say you no more than me on this or any other matter, frankly, Reps from many companies have no idea what they are talking about and if you ask them what phones they have now and in the future or other services in the future, they have no idea. Enough with your stupidity.
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krickt

Mar 15, 2007, 10:22 AM
Get him!
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nextel18

Mar 15, 2007, 10:45 AM
Way too easy.
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krickt

Mar 15, 2007, 11:22 AM
lol Rumors bring out the worst in people.
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nextel18

Mar 15, 2007, 11:25 AM
😎 🤣
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