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  • Verizon gets official with $28 billion Alltel acquisition

    Filed under: Alltel , Verizon Wireless It looks like those talks between Verizon and Alltel were pretty deep after all, as the two companies have just come out and made the acquisition official. According to the official announcement, the aggregate value of the transaction is $28.1 billion, and the two companies are aiming to have it completed by the end of the year -- assuming all the necessary regulatory approvals come through. For its part, Verizon is of course boasting that this is a win for customers all around, saying that the merger will create an "enhanced platform of network coverage, spectrum and customer care to better serve the growing needs of both Alltel and Verizon Wireless customers for reliable basic and advanced broadband wireless services." Alltel President and CEO Scott Ford also echoed that sentiment, although his role with the future company seems to be less than defined at the moment, with the official announcement only going so far as to say that he will continue in his current position as head of Alltel "until the merger is completed." [Via ArkansasBusiness.com ] Read | Permalink | Email this | Comments
  • Verizon "in talks" to buy Alltel for $27 billion

    Filed under: Alltel , Verizon Wireless , EV-DO , CDMA Verizon has certainly courted Alltel before , but this time, the two could finally be rounding third base. According to a breaking report at CNBC , Verizon is "in deep in talks to acquire Alltel," which of course is America's fifth largest wireless carrier. It's no secret that Alltel has been riding fairly high of late , and unless your memory is totally shot, you'll likely recall that it was just recently "taken private by TPG and Goldman Sachs Capital Partners in a $27.5 billion deal ." Not surprisingly, officials at both outfits refused to comment on the rumblings, but if this does indeed go down, analysts are expecting Verizon to pay around 8x Alltel's current EBITDA, whereas TPG / Goldman Sachs paid 9.2x. We'll keep you posted on any developments. Read | Permalink | Email this | Comments
  • Alltel scores the BlackBerry Curve 8330, too

    Filed under: Handsets , RIM , Alltel , EV-DO , CDMA Not to be outdone by Verizon and Sprint (and pretty much everyone else with a CDMA network), Alltel's gone ahead and tacked the Curve 8330 onto its roadmap as well. Can you get it now? No, not quite, but it'll hit on May 1 in "titanium" for $229.99 after the full host of discounts and rebates has been applied on contract. Yeah, it sucks that you have to wait a few more days to pick it up, but you can feel free to place your pre-order now if you like over on Alltel's site. Read | Permalink | Email this | Comments
  • Alltel chimes in on the Glimmer: March 13 for $250

    Filed under: Handsets , LG , Alltel , EV-DO , CDMA Just a day after LG's admission , Alltel's getting real with its mighty Glimmer touchscreen slider, a phone that combines the Shine series' glamor with the Viewty's touchscreen sensibility. As expected, the phone features a 2 megapixel camera, comprehensive media and gaming capability thanks to 128MB of integrated memory, microSD expansion, 3D graphics acceleration, and an MP3 player. GPS is in the mix too, so all told, we'd say the $249.99 on-contract price after rebates is roughly within the realm of reason. Expect Alltel to accept cash or credit in exchange for goods -- the Glimmer, specifically -- starting tomorrow. Read | Permalink | Email this | Linking Blogs | Comments
  • Alltel's LG Glimmer is real -- LG says so

    Filed under: Handsets , LG , Alltel , EV-DO , CDMA The rumored LG Glimmer for Alltel has now been confirmed by way of LG itself, and while there's still no sight of the phone on the regional's own site, the AX830 moniker that the beautiful piece bears -- and the fact that Alltel's name is specifically mentioned in LG's press release -- pretty much says it all. The company calls out the Glimmer as basically a Shine with a touchscreen, which seems like a pretty accurate representation and a good 30,000 foot overview of everything LG's been trying to do in the marketplace for the past 18 months or so. Despite LG's own lack of insight into the phone's launch, we've independently heard through the grapevine that Alltel will be launching the Glimmer in just two days, the 13th. It'll go for $250 on a two-year contract after rebates, and sorry, Alltel employees -- there's going to be a two-week delay before you can buy your own to ensure that there are plenty to go around for customers. What a rip! Follow the break for Alltel's information. [Via Unwired View , thanks Milo] On Thursday, March 13, 2008, Alltel will launch the new LG Glimmer (AX830) handset. Pricing Information: Non-contract price: $419.99 One-year price: $409.99 Two-year price: $349.99, with a $100.00 mail-in rebate, resulting in a final price of $249.99 Prepaid price: $299.99 Features: Sleek touch screen Hidden slide-out keypad for easy dialing Music player with Customizable Equalizer (supports MP3, WMA, AAC, AAC+) 2.0 mega-pixel camera with video Pre-loaded with Alltel Navigation, RealTone JukeBox, and Axcess TV Expandable memory slot GPS capable The LG Glimmer is available through all channels including CDF (Customer Direct Fulfillment). Alltel employees will be eligible to purchase the LG Glimmer two weeks after the launch date to make sure there is enough product available for our Customers. Read | Permalink | Email this | Linking Blogs | Comments
  • Alltel is officially off the market: FCC approves $24.7B private equity buyout

    Filed under: Alltel The FCC hath spake: TPG Capital and GS Capital Partners (a subsidiary of Goldman Sachs), the two private equity firms looking to buy out the paradoxically national-regional carrier Alltel, have been given the greenlight. The two firms will pony up $24.7 billion (about $2050 per customers) to take Alltel , flush with cash and new customers , off the public market, with the expectation of closing the deal by November 22nd and paying some $71.50 cash per share to current shareholders. Two words: cha-ching. [Via MoCoNews ] Read | Permalink | Email this | Linking Blogs | Comments
  • Alltel releases Motorola RAZR 2 V9m

    Filed under: Handsets , Motorola , Alltel , EV-DO , CDMA Alltel has followed up three of its four national competitors today in releasing a variant of Motorola's RAZR 2, the V9m. As you might expect, Alltel's version has some carrier-specific customization -- Celltop , XM Radio, and TeleNav GPS are all on board, features well suited for the V9m's EV-DO radio -- and it seems to be sporting the most conservative color scheme we've seen to date for a RAZR 2 launched in the States (could be good or bad depending on your taste and your line of work, we suppose). Otherwise, the V9m comes with stereo Bluetooth support, microSD expansion, and that huge external display that we've fallen in love with. Grab it today for $299.99 on contract after rebate. Read | Permalink | Email this | Linking Blogs | Comments
  • Alltel launches HTC PPC6800

    Filed under: Handsets , HTC , Alltel , Windows Mobile , 1xRTT , EV-DO , CDMA Gee, Verizon, go ahead and take your time there, will ya? Alltel follows up Sprint to become the second network in the US to launch HTC's next-gen CDMA Windows Mobile 6 Professional handset (Alltel's site claims it's Windows Mobile 5, but we're not believing that -- check the screen shots), offering WiFi, stereo Bluetooth, 2 megapixel cam, and just about all the EV-DO you can handle as the HTC PPC6800 . Grab it for $549 off contract, or $249 after two-year agreement and a $100 snail mail rebate. [Thanks to everyone who sent this in] Read | Permalink | Email this | Linking Blogs | Comments
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