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Verizon Wireless To Buy Alltel For $28B

CWmike writes "Matt Hamblen reports that Verizon Wireless has officially announced an agreement to purchase Alltel for $28.1 billion, which would make the new company the largest wireless carrier in the U.S., with 80 million subscribers. The deal will undoubtedly provoke scrutiny by the Federal Communications Commission and the Department of Justice, they acknowledge. Who loses? 'This [deal] is another nail in the coffin for Sprint," said Michael Voellinger, an analyst at Telwares in Parsippany, N.J. 'Alltel is a highly valuable and strategic roaming partner to the top four providers, and this acquisition would put long-term pressure on pricing and terms of those arrangements.'"

12 of 207 comments (clear)

  1. Obligatory by Skeet112 · · Score: 5, Funny

    1. Nails
    2. Hammer
    3. Coffin
    4. Profit!!!

    1. Re:Obligatory by mapsjanhere · · Score: 5, Funny

      Yes, I'm one of the Alltel customers, I found out when I got a call from an unknown number, asking me
      "Can you here me now?"

      --
      I'm aging rapidly, I bought a new game and had no idea if my machine was good for it.
  2. Thank goodness by Jor-Al · · Score: 4, Funny

    Does that mean now that the horrible Alltel commercials will finally end?

    1. Re:Thank goodness by Skeet112 · · Score: 2, Funny

      Yes, although having a personal wizard to summon at will would still be pretty damn sweet.

    2. Re:Thank goodness by SeaFox · · Score: 2, Funny

      I hope they make one more with the Verizon guy riding the Alltel guy like a pony shouting "WHO'S MY BIATCH NOW?"

  3. obviously this isn't illegal by thermian · · Score: 2, Funny

    We should therefore stop arguing, and accept that theirs is the superior intellect, after all, what could possibly go wrong?

    --
    A learning experience is one of those things that say, 'You know that thing you just did? Don't do that.' - D. Adams
  4. Re:Come and get your love! by truthsearch · · Score: 3, Funny

    My girlfriend is Alltel. Dude, your girlfriend's worth $28 billion? That's pretty sweet.
  5. Re:Alltel commercials by Sabz5150 · · Score: 1, Funny

    Chad... suck my balls. /cartman

    --
    "Who modded this informative? Whoever it is must've been smokin' some of that martian pot!"
  6. Re:Come and get your love! by Jor-Al · · Score: 2, Funny

    Now I don't have to worry about not being in her circle! That's because her new boyfriend was instead.
  7. Re:Great, no more stupid commercials by lmnfrs · · Score: 2, Funny

    We may be able to say goodbye to "those" commercials, but do you really think they won't be replaced? From now on expect only 3 dorks in a van. They'll be looking for their red-shirted friend only to discover that he's hanging out with his network, and that said network is now partially comprised of wizards.

  8. Re:wwwizzzzzaaaarddddd by dr_dank · · Score: 2, Funny

    You cannot tell me that you don't enjoy summoning the wwwizzzzard for hours on end.

    Of course, but at least I wash my hands afterward.

    --
    Where does the school board find them and why do they keep sending them to ME?
  9. In CA Verizon best by wshwe · · Score: 2, Funny

    In California Verizon has the best overall network. The big losers in this deal are Sprint and T-Mo. AT&T doesn't need to worry because it's got Apple on their side for 4 more years.