BRING ALLTEL TO HOUSTON,TX...PLS????
If you have Verizon in Houston, the likelihood is that you won't see Alltel. Also, until the auction set for next January plays out, Alltel isn't going anywhere, because Alltel sold out in May of this year and isn't in control of its own destiny.
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That's if there are any licenses available for Houston. Alltel's problem is they rely way too heavily on the 800mhz band for their expansion. If they were willing to expand in the PCS band (build from scratch), they probably could have expanded into some major markets. But they avoid PCS as much as possible (as far as building from scratch vs dealing with an existing PCS network from an acquisition). I can understand rural areas, but they had at one time held some PCS licenses for some big markets, such as Milwaukee Wisconsin, but they swapped the unused license with then Cingular for the AT&T Wireless network in Grand Rapids. Milwaukee is big enough that Alltel would have seen a return on building a PCS network there vs the far outskir...
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I love everyone that thinks they know something. Verizon being anywhere has no impact on alltel.
Also them being bought has no impact on were they go. The investors want to make alltel better and more desirable for a sale in the future.
Their only problem is that both bands are hard to get in a big city. They will get some other bands in the auction soon.
Also them being bought has no impact on were they go. The investors want to make alltel better and more desirable for a sale in the future.
Their only problem is that both bands are hard to get in a big city. They will get some other bands in the auction soon.
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Wombaugh, what makes you so sure of yourself? The holding companies are not going into the cellphone biz, but they do have control over Alltel, not Alltel. IF Alltel fails to win anything next winter at the auction, say it with me...THEY'RE GONE!!! I'm telling you now, and you heard it here first...in spite of what Verizon and Alltel are saying about each other, Alltel is absolutely ripe to be taken over by Verizon, and it will happen...not if, but when. As far as both of them being in the same market, I know it's possible, but if there is already a crowd, there IS a financial consideration. Take my home turf these days, Charlottesville, VA. We have on the CDMA side Alltel, U.S. Cellular, Sprint, Embarq, and nTelos. We also have T-Mob...
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let me see umm investors buy companies to get more from them which is why they call it an investment!! Verizon or sprint did not want alltel which is why they got bought by who they did!
They will need to make alltel more ripe as you put it for a buyout of the other carriers. If they do not then they will not even make what they put into alltel. So they will improve it. Alltel is not a good choice for there are allot of overlaps and they are in places were the others don't think its worth it to be in.
They will need to make alltel more ripe as you put it for a buyout of the other carriers. If they do not then they will not even make what they put into alltel. So they will improve it. Alltel is not a good choice for there are allot of overlaps and they are in places were the others don't think its worth it to be in.
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wombough said:...
let me see umm investors buy companies to get more from them which is why they call it an investment!! Verizon or sprint did not want alltel which is why they got bought by who they did!
The reason the investment companies bought Alltel was to give Alltel some capital to a)pay off some debts, which every cellular company incurs, and b)to have some money to invest on their own to buy the new frequencies at auction next year, which, I hope, they've invested well. If they lose out on the auction in 2008, a bunch of Alltel execs are going to have some golden parachutes to retire with. If they win, well, we'll see...but I doubt if Alltel is going to win. Personal opinion.
They will need to make alltel
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then answer me this why didn't verizon put in a bid? They don't' want them right now. Trust me. They rather build out on their own were they can and need to then just buy up a company for millions. If alltel was just fine for verizon they would have been bought buy them and not a investor. Alltel wanted to sell and no one took them up except the investor group!
I am not shooting from the hip! Thanks for your advice though!
I am not shooting from the hip! Thanks for your advice though!
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The reason that Verizon didn't put in a bid is that Alltel will go for a lot less if they lose at the auction, which I expect to be the case. Further, the holding companies aren't going into the cell phone business, number one, and number two, Verizon is the only CDMA carrier who can afford them. Why pay retail when you can get it wholesale? Like I said, it's not a matter of "if", it's a matter of "when". They don't even own their own company anymore. Alltel's days in cellular are numbered. You heard it here first.
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so your saying that the investors are stupid and they are going to lose money in this? Oh please! And sprint can afford them if they so want to. They both will have to get help to buy them and verizon needs to get approval from vadafone. And remember they are more concerned about getting 4g rolling then spending millions on a technology they are moving away from in a few years!
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wombough said:
so your saying that the investors are stupid and they are going to lose money in this? Oh please! And sprint can afford them if they so want to. They both will have to get help to buy them and verizon needs to get approval from vadafone. And remember they are more concerned about getting 4g rolling then spending millions on a technology they are moving away from in a few years!
Wombough, your problem is you have no vision! I said that these investors are not going into the cellphone biz themselves, so they will sell Alltel off. Of course, they want to make a profit, but what will Alltel really be worth if they lose the auction? Huh? If Alltel wanted to maintain control of their own desti...
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I have plenty of vision thank you. Those investors will not lose the auction they have more money availalbe then anyone to say the truth. They bought it to improve it make it better and then sell within the next few years!
Oh and verizon already stated they are opting for LTE which is not CDMA. They will be going away from CDMA around the same time alltel will be sold.
There is plenty of people that don't have a cell phone. How many people in the US and how many cell phones out there?
They will be bought out but I don't think it will be a outright buyout. The FCC won't let them just merge and they will have to spin off some markets.
Oh and verizon already stated they are opting for LTE which is not CDMA. They will be going away from CDMA around the same time alltel will be sold.
There is plenty of people that don't have a cell phone. How many people in the US and how many cell phones out there?
They will be bought out but I don't think it will be a outright buyout. The FCC won't let them just merge and they will have to spin off some markets.
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The way I see it, if Alltel gets sold, Verizon will only buy the markets they want to expand in. They'll leave the overlap markets alone, except for markets where they can grab what little PCS spectrum Alltel has in unused licenses, and active PCS networks. Even so, the 700mhz band will be a challenge for them, as AT&T & Verizon will be the big bidders, especially in the top 20 markets.
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I don't all I know is common sense. An investor does not buy something to lose money. Its like starting an IRA or investment in say a company that is about to go bankrupt. It makes no sense. So alltel will improve to make it look better for potential buyers. Or they will carve it up and sell it in pieces to make their money back!
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Funny, I just don't see it the same way that you do. Alltel's future is out of Scott Ford's hands. Goldman Sachs isn't starting its own cellular service. Sounds to me like whoever buys Alltel out (Can we agree that they WILL be bought out?) could potentially buy it for pennies on the dollar IF Alltel loses out at the auction, which is what precipitated the sale in the first place. Alltel is NOT going to get any stronger. Trust me when I tell you that. Common sense needs to prevail here. It's not a matter of if, but when. Not only will Charlottesville's Alltel customers be paying Verizon bills, so will a lot of other folks.
And if I'm wrong about it, I will say I'm sorry. I just don't think I'm wrong.
And if I'm wrong about it, I will say I'm sorry. I just don't think I'm wrong.
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I don't get why you think Goldman Sachs would spend around 25 million to only lose it all? Just the other day Hargray wireless which does local wireless, cable, internet, landline phones in Beaufort sc got bought buy a private investor firm.
They are buying it to make money. They will fund what needs to be funded just like SDK is funding helio and in the end hope they are right and make a profit. Alltel is making decisions with the approval of the investment company. They still have a CEO and will continue to run the company.
They are buying it to make money. They will fund what needs to be funded just like SDK is funding helio and in the end hope they are right and make a profit. Alltel is making decisions with the approval of the investment company. They still have a CEO and will continue to run the company.
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They won't lose it all, but it was purchased based on the premise that Alltel would win something at the auction. That hasn't occured yet, but for sake of discussion, suppose they don't? That makes the Alltel property a lot less attractive, no? Additionally, in spite of what is being said, which is nothing more than sabre rattling in my book, Verizon IS the only CDMA company that is in a position to buy Alltel out. Get rid of the competition, a lot smoother sailing. And lastly, since I was on the inside, the scuttlebutt is a lot of Alltel management, as we speak, are dusting off their resumes and updating them. Whether Alltel is making decisions with the approval of the investment firms is irrelevant. The investment firms OWN the comp...
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they are not in any position to buy them with the FCC. Sprint had to give up their landline business to embark to buy nextel. You think the FCC is just going to let the largest wireless provider buy up the 4th? And the auction hasn't even happened yet and alltel has the most money to go into that auction!
I honestly don't care who buys them its a wireless company. And you must not know me I don't work in the wireless industry.
I honestly don't care who buys them its a wireless company. And you must not know me I don't work in the wireless industry.
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For someone with as much to say about the wireless industry as you do, I'm surprised you're not in the biz. Were you? What is your area of expertise, if I might ask?
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I am a Marine. I read up on the wireless industry as It interest me allot. Well all technology does computers ect. And here is a quote from the investor that bought alltel! And the CEO will remain in his current role after it goes through!
"Alltel is a great company with a terrific management team," said Jim Coulter, founding partner, TPG. "We look forward to working with them to continue to grow one of the nation's premier wireless providers."
Any other questions?
"Alltel is a great company with a terrific management team," said Jim Coulter, founding partner, TPG. "We look forward to working with them to continue to grow one of the nation's premier wireless providers."
Any other questions?
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here is one more:
"Alltel has a long history of growth through strategic acquisitions, combined with a strong focus on customer service," said Richard Friedman, head of the Merchant Banking Division at Goldman Sachs. "We are excited about this opportunity to partner with an exceptional management team to continue to support their strategies for growth."
Care to go against what is coming from the horses mouth?
"Alltel has a long history of growth through strategic acquisitions, combined with a strong focus on customer service," said Richard Friedman, head of the Merchant Banking Division at Goldman Sachs. "We are excited about this opportunity to partner with an exceptional management team to continue to support their strategies for growth."
Care to go against what is coming from the horses mouth?
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First of all, semper fi! I was never in the service, but I have great respect for those of you who serve our country. God bless you.
Secondly, don't believe everything you read. You know as well as I do that in the area of national security, the President of the United States knows a lot more than he is willing or able to divulge. Likewise here. I said to you earlier that there is some positioning going on here. It does sound like a lot of sabre rattling to my ears. All I am doing is reading what is being posted, following the news, and, having recently worked FOR Alltel direct, picking up information from the inside. Maybe I am a little too close to the fire, and I can't see the forest for the trees, but I just don't comprehend ho...
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Secondly, don't believe everything you read. You know as well as I do that in the area of national security, the President of the United States knows a lot more than he is willing or able to divulge. Likewise here. I said to you earlier that there is some positioning going on here. It does sound like a lot of sabre rattling to my ears. All I am doing is reading what is being posted, following the news, and, having recently worked FOR Alltel direct, picking up information from the inside. Maybe I am a little too close to the fire, and I can't see the forest for the trees, but I just don't comprehend ho...
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ok here is something else I heard. Alltel buys sprint! I am sure its a rumor and may never happen but the investors could fund it if they want to!
That would make a highly profitable company if done right!
That would make a highly profitable company if done right!
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wombough said:
ok here is something else I heard. Alltel buys sprint! I am sure its a rumor and may never happen but the investors could fund it if they want to!
That would make a highly profitable company if done right!
I'm not sure Alltel has the money to buyout Sprint. But if they did; would they want to deal with the affiliates? I doubt they want to deal with the affiliates. The buyout would be more expensive than you think, since it would also involve buying out the affiliates. Plus, Sprint is already dealing with legal issues over the buyout of Nextel, which caused Sprint to compete with their affiliates in numerous markets. So I don't see Alltel buying out Sprint.
Besides if my memory is ...
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the investors do have the money if they wanted. And most affiliates are gone except a few that are fighting. And alltel might already have service their so they could do what att did to suncom when they bought att wireless. Left them on their own.
Alltel will deal with PCS if they get a nationwide network with it. It would also leave most thier cell band to do data and other things in those areas.
Sprint is not in the auction because they don't' need to be. They have the spectrum do do what they need to do for EVDO and Wimax.
Alltel will deal with PCS if they get a nationwide network with it. It would also leave most thier cell band to do data and other things in those areas.
Sprint is not in the auction because they don't' need to be. They have the spectrum do do what they need to do for EVDO and Wimax.
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You have Unlimited by Boost there,it's better than the fave 10 plan of Alltell.
If you don't mind the stigma of using Boost or prepaid[for unlimited for $45.00,I wouldn't]
If you don't mind the stigma of using Boost or prepaid[for unlimited for $45.00,I wouldn't]
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yeah and crappy quality of iden its worse then GSm god I will pay more thank you!
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I'm sure eventually they'll come to Texas. They're really just starting to hit the consumer market. And they allowed Verizon to use all their towers but not anymore so..Alltel will eventually be as big as Verizon and even better cause of the My Circle. The plans are cheaper. But the credit checks are very very stingy. But other than that they're a great company.
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To get a phone. T-mobile, alltel, verizon, sprint, att and helio have credit checks.
That's why we ask you for your ID, and social. There doing a credit check.
That's why we ask you for your ID, and social. There doing a credit check.
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I know that I am meaning what they mean by stingy? Hard? I don't think so alltel is not that hard on credit. over 620 and no deposit!
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Seriously doubt Alltel will be in Houston Tx. any time soon. I know cricKet is all over Houston. cricKet spread like wild fire in Houston Tx. I was trying for the indirect account executive before cricKet entered Houston Tx. Who ever got the job, is getting paid VERY well, and has a very EASY job.
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It'll be there for a good while I believe. I was one of the top 3 canidates for the position. I'm guessing with all that rep is making no less than $70,000 (1st year in Houston). The job is a cake walk, plus the title itself will open other doors of oportunity. I'm guessing the rep is making a lot more by now.
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