Archive for the 'Alltel' Category

Alltel to eliminate analog network support

With the FCC no longer requiring wireless companies to maintain analog networks after February 2008, Alltel is the first big player to officially announce that it will drop all analog support beginning in March 2008.
The bottom line? This is a good move for the company who became famous for it’s commercials mocking Sprint, Verizon, AT&T […]

Alltel Sold to Goldman Sachs

NEW YORK, Aug 29 (Reuters) - U.S. rural wireless service provider Alltel Corp (AT.N: Quote, Profile, Research) said on Wednesday that its shareholders approved the company’s sale to private equity firms TPG Capital and Goldman Sachs Capital Partners.
Results from a special meeting showed around 97 percent of votes were cast in favor of the purchase. […]