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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.'"

4 of 207 comments (clear)

  1. Re:Great...Ordering of Priorities by Nom+du+Keyboard · · Score: 0, Offtopic

    Protect our freedom first, then worry about our safety

    It must be pointed out that without safety, and "freedom" being used as a shield for attacks against our society, there is no freedom left to protect because you aren't safe to exercise it any longer.

    --
    "It's the height of ridiculousness to say for those 9 lines you get hundreds of millions."
  2. Will Verizon convert Alltel to CDMA? by kaaona · · Score: -1, Offtopic

    I wonder if Alltel customers will have to replace their GSM phones. Sprint and Verizon are the only major carriers in the U.S. using the more modern (but less "standard") CDMA signaling.

  3. I can't wait for Metal Gear Solid 4 by Anonymous Coward · · Score: -1, Offtopic

    Paramedic, Sigint, Zero, Ocelot, EVA, and Big Boss formed the Patriots. They were all inspired by The Boss' sacrifice and ideals.

    Big Boss grew disillusioned with the direction the Patriots (under Zero's leadership) were taking, so he steadily distanced himself

    Zero counters this by authorizing Les Enfants Terribles, with Paramedic heading the project and EVA as the surrogate mother.

    Big Boss finds out, and cuts himself off entirely from the Patriots. He is defeated twice by Solid Snake. Following his second defeat, his body is recovered and put into an indefinite coma for study. His unique biometrics would lend to the creation of the SSS, which would lead into the SOP System.

    EVA and Ocelot, also disillusioned with the group, endeavor to take down the Patriots from within.

    Paramedic is killed by Gray Fox. She was the doctor in charge of the project to revive and transform him.

    Sigint (DARPA Chief Donald Anderson) was killed by Ocelot.

    Zero becomes increasingly senile and decrepit. He decides that instead of recruiting more members into the Patriots, he will have AI control the functions.

    By 2014, the Patriots is completely automated, AI controlled. Zero is only physically alive, his mind long since gone away.

    Ocelot has steadily shifted Solid Snake away from the control of the Patriots. He intends to use Snake to destroy the Patriots once and for all.

  4. I summon thee... by Anonymous Coward · · Score: -1, Offtopic

    wwWWWWIZZAHHHRRDD!!!