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Alltel was a landline, wireless and general telecommunications services provider, primarily based in the United States. Before its wireless division was acquired by Verizon Wireless and AT&T, Alltel provided cellular service to 34 states and had approximately 13 million subscribers.
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Jun 5, 2008 · Under the terms of the agreement, Verizon Wireless will acquire the equity of Alltel for approximately $5.9 billion. Based on Alltel's projected net debt at closing of $22.2 billion, the aggregate value of the transaction is $28.1 billion.
Oct 24, 2016 · Telephone communication has made vast leaps since the sale of ALLTEL. Cell phones now do much more than just allow us to talk to others. Texting as well as photo and video sharing are just some of the new ways we have found to communicate using our smart phones.
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