Rumor Mill
Next big merger
Alltel has split off its wireless division from its wireline division. The only reason I can think of is to prepare it for sale.
SPCSVZWJeff said:That jives with what a Verizon corporate monkey told me a few months ago about buying Alltel outright.
Looking at the licensed markets for the new Cingular, it will be in Verizon's best interest to add Alltel to their stable. This would fill in many holes in Verizon's arsenal of licensed markets and give them another 12 million customers.
Alltel has split off its wireless division from its wireline division. The only reason I can think of is to prepare it for sale.
muchdrama said:SPCSVZWJeff said:That jives with what a Verizon corporate monkey told me a few months ago about buying Alltel outright.
Looking at the licensed markets for the new Cingular, it will be in Verizon's best interest to add Alltel to their stable. This would fill in many holes in Verizon's arsenal of licensed markets and give them another 12 million customers.
Alltel has split off its wireless division from its wireline division. The only reason I can think of is to prepare it for sale.
I heard that too. It makes sense from VZWs point of view, and to ALLTELs shareholders, I would think. This way, VZW can do away with all the reciprocal roaming agreements it has w...
(continues)
SPCSVZWJeff said:
Alltel has split off its wireless division from its wireline division. The only reason I can think of is to prepare it for sale.
What do you mean, split it off? ALLTEL is still traded as one public entity, not two (as Sprint used to be).
Finine said:Split it off, as in "hey, we're going to sell our wireless assets and keep our wireline assets".SPCSVZWJeff said:
Alltel has split off its wireless division from its wireline division. The only reason I can think of is to prepare it for sale.
What do you mean, split it off? ALLTEL is still traded as one public entity, not two (as Sprint used to be).
muchdrama said:Finine said:Split it off, as in "hey, we're going to sell our wireless assets and keep our wireline assets".SPCSVZWJeff said:
Alltel has split off its wireless division from its wireline division. The only reason I can think of is to prepare it for sale.
What do you mean, split it off? ALLTEL is still traded as one public entity, not two (as Sprint used to be).
Hmm news to me.
Ratings agency predicts wireless acquisitions for Alltel
by Dan Meyer
July 12, 2004 1:20 PM EST
In affirming its current senior unsecured and short-term debt ratings for Alltel Corp. with a stable rating outlook, Fitch Ratings said it believes the telecommunications provider could become active in acquiring smaller regional wireless operators in an attempt to broaden its rural wireless focus instead of pursuing clear spectrum acquisitions.
“Fitch believes Alltel will likely focus on pursuing additional wireless acquisitions in Tier 2 and Tier 3 markets—approximately 65 percent of current wireless operations—over the next few years although the company has shown past financial disc...
(continues)
Finine said:...
http://rcrnews.com/cgi-bin/news.pl?newsId=18803 »
Ratings agency predicts wireless acquisitions for Alltel
by Dan Meyer
July 12, 2004 1:20 PM EST
In affirming its current senior unsecured and short-term debt ratings for Alltel Corp. with a stable rating outlook, Fitch Ratings said it believes the telecommunications provider could become active in acquiring smaller regional wireless operators in an attempt to broaden its rural wireless focus instead of pursuing clear spectrum acquisitions.
“Fitch believes Alltel will likely focus on pursuing additional wireless acquisitions in Tier 2 and Tier 3 markets—approximately 65 percent of current wireless operations—over the next few years although the comp
(continues)
When companies begin to split from parents, they are usually looking to do some aquisitions of their own.
southwestcomm said:No, you mean that they're bleeding less and less like a stuck pig. They're quickly eliminating debt.
TMo profitable? They are bleeding like a stuck pig.
JDigital said:And then we'll see something, as they abandon the "discounter carrier" mentality.
You're way off suggesting that T-Mobile is selling to Cingular anytime in the foreseeable future. I've posted in detail on this before, and I don't want to go into it all here, but just trust me. T-Mobile is owned by a much larger German company that has many wireless divisions worldwide, and T-Mobile USA is their only profitable one. I actually think that T-Mobile is the company to look out for in the future. They will be sort of a sleeper success story while Verizon and Cingular are duking it out. I bet that within a couple of years T-Mobile is sitting in third place behind Verizon/Cingular.