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story category Alltel Purchase Complete
Will debt stunt the company's growth?
(old news - 10:21AM Saturday Nov 17 2007)
tags: business · wireless · Alltel Axess
Tipped by GOLFnSUN See Profile
Two private investment firms have completed their purchase of Alltel. The purchase was announced in the spring and then approved by the FCC last month. It’s been said that this gives Alltel a better position for growth through bidding in the upcoming spectrum auction. However others fear that the debt of the transaction (approximately $23 billion) puts Alltel in a limited buying position. Current president and CEO Scott Ford will remain on board as Alltel works to move forward as a new company.

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  6. Verizon In Talks To Buy Alltel
  7. J.D. Power Ranks Wireless Call Quality
  8. Alltel Verizon Merger Gets DOJ Approval
Forums » Alltel Purchase Complete
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93254336
Weapons Of Masturbation
Premium
join:2001-10-20

So what will happen to Chad...

...and the four geeks who represent the other wireless companies?

»www.officialmancave.com/

- Dan
permalink · 2007-11-17 11:19:35 · Reply to this
wilbur6244

join:2001-01-02
Liberal, KS

Re: So what will happen to Chad...

Wait..and what does god need with a starship??

No that was too soon...I thought alltell was owned by..who was owned by..who is now was owned by ATT??? or was that someone else... crap I'm confused... It's early and I have a headache now!!
permalink · 2007-11-17 11:28:39 · Reply to this

93254336
Weapons Of Masturbation
Premium
join:2001-10-20

Re: So what will happen to Chad...

I seem to recall that Verizon Wireless was interested in Alltel at one time in the past, but I guess that deal fell through.

- Dan
permalink · 2007-11-17 14:00:04 · Reply to this

supergirl

join:2007-03-20
Pensacola, FL
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said by 93254336 See Profile :

...and the four geeks who represent the other wireless companies?

»www.officialmancave.com/

- Dan
It's the end of Alltel. I bet this investment firm sells them in pieces to everyone else (or just Verizon Wireless).

Alltel still has the largest footprint. Nice land and towers where a lot in the South can't go. Bet that is worth megabucks.
--
Saving the world keeps me busy. However, I find Earth very primitive from my home planet of Krypton.
-Supergirl
permalink · 2007-11-17 14:01:50 · Print · Reply to this

jgkolt
Premium
join:2004-02-21
Lakewood, OH
clubs:

butcher

so its time for big growth then they will butcher the company and pull out the profits leaving the company for dead eh.

looks like the future as i see it.

Kinda like 3com did to palm.
--
3 free for you/3 free for me: Free Stock Trades : PM Me
permalink · 2007-11-17 11:51:46 · Reply to this

Fox McCloud
Crazy like a fox.

join:2006-07-23
·Embarq
·Sprint Mobile Broa..

yuck

I still say Sprint should have never purchased Nextel, but, instead, should have bought Alltel; they would have then become the largest carrier (footprint wise and total customer wise) in no time flat; best of all, it would have been far easier to integrate Alltel into their own company than Nextel.

Hopefully if this sell-off happens, Sprint will get wise and buy up as much of it as they can.
permalink · 2007-11-17 14:11:38 · Reply to this

partysource

join:2000-11-25
Phoenix, AZ

Re: yuck

Sprint has horrible customer service and quality. If anyone were to buy them it would be Verizon Wireless. VZW has the best customer service and call quality. Why ruin Alltel with Sprint!
permalink · 2007-11-17 20:06:40 · Reply to this

Fox McCloud
Crazy like a fox.

join:2006-07-23
·Embarq
·Sprint Mobile Broa..

Re: yuck

said by partysource See Profile :

Sprint has horrible customer service and quality. If anyone were to buy them it would be Verizon Wireless. VZW has the best customer service and call quality. Why ruin Alltel with Sprint!
Sprint has terrible customer service, yes, but their product is unbeatable; they have better EVDO coverage than Verizon, better/cheaper plans/phones that you can download practically anything to, and they're not as stingy as Verizon is (I was once a staunch supporter of Verizon).

call quality? Verizon? Sprint? I detect no difference.
permalink · 2007-11-17 20:18:15 · Print · Reply to this
joker5656

join:2006-06-23
Dallas, GA
·Charter Pipeline

Re: yuck

I had Alltel for two yrs and ATT before that and was happy with both. They both worked flawlessly signal wise even in the NC mountains. however I'm now with ATT and i have to say customer service is way better. Alltel had a problem that i had to call in about every other week on because voice mails would get stuck in the system and keep coming after i deleted them, then the crappy customer service you got.

ATT will probably buy them out after the firms get through with them
permalink · 2007-11-18 01:22:50 · Reply to this

Fox McCloud
Crazy like a fox.

join:2006-07-23
·Embarq
·Sprint Mobile Broa..

Re: yuck

said by joker5656 See Profile :

I had Alltel for two yrs and ATT before that and was happy with both. They both worked flawlessly signal wise even in the NC mountains. however I'm now with ATT and i have to say customer service is way better. Alltel had a problem that i had to call in about every other week on because voice mails would get stuck in the system and keep coming after i deleted them, then the crappy customer service you got.

ATT will probably buy them out after the firms get through with them
this would make no sense at all; even less sense that Sprint buying Nextel.

Alltel is 100% CDMA...AT&T is 100% GSM...why would AT&T buy a huge amount of territory it really didn't have a need for (it'd cost WAY too much to convert all that).
permalink · 2007-11-18 01:53:17 · Print · Reply to this

frostycakes

@comcast.net

Re: yuck

Not true, Alltel has a massive GSM roamer network out here in the West from when they acquired Western Wireless... True, all their own customers are on CDMA, but I'm betting T-Mobile and AT&T would love to have that network that they keep having to shell out large amounts of cash to have their customers roam on for their own...

I personally want T-Mo to pick up that chunk of Alltel at least, but that's just me. :P
permalink · 2007-11-18 20:10:51 · Reply to this

Who Knows

@alltel.com

Doubt they will sell Alltel in Pieces

The buy out was at a premium price, any of the other carriers could build anentire network with newer technology for half of what the purchaser paid for Alltel.

If they planned on selling the pieces they wouldn't have, I am by no means in the know but from the research I did, because I have a distinct interest in the future of Alltel, the company would only be worth about 1/3rd of the buying price if sold in pieces.

It appears that the new owners want to operate the company at it's record setting profit level.

Again I get my info from the financial rags so it is a guess like all the rest.

Who Knows
permalink · 2007-11-19 15:24:45 · Print · Reply to this
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