pepperxn
join:2001-02-21
| reply to NY Tel
Re: Only a matter of time
Nah, the other way around. There's a higher chance that AT&T will buy Verizon. I don't see either happening really. But AT&T would eye Verizon. Verizon's value is going down, went from $101 bln to about $83 bln. Plus the company is heavily in debt, it's gonna be near $70 bln soon. That's probably one reason they're selling their phone book division for $17 bln. They may even sell some of their assets. Where did you read that Verizon will be changing their name? I read that MCI will be a subsidary of Verizon when the deal is completed in early January. Investors always thought Verizon would buy Vodafone. No way. An $83 bln company buying a $133 bln company, no way. Verizon getting Alltel (low debt, about $5.6 bln I think) is a sure thing, although Alltel would go nice with Qwest (imagine Qwest Wireless). Plus, Qwest services the areas where Alltel is. I think there will be 3 major players left: AT&T, Verizon, and possibly Qwest (unless a couple companies get together like Level 3, etc). |
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stonecolddsl
Linux Junkie
join:2004-01-07
Sarasota, FL
 ·Rapid Systems, Inc.
 ·Sprint Mobile Broa..
·Verizon Online DSL
| Your nuts
Alltel will not be bought. They will not accept any offers from verizon they are not dressing themselves up for a buy out like one person has said in teh pass.
Also Verizon is not the same as Verizon Wireless which would be the only assets that any form of verizon would be interesting in.
the alltel landline could be sold but I doubt it would be verizon as they are simply too small as a landline but quite large as a wireless company. |
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NY Tel
Premium
join:2004-04-09
Smithtown, NY | reply to pepperxn
Heard the name change rumor from one of my ex co-workers at Verizon where I used to work.
Could be just "mole chatter" or something real.
Who knows.
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