RUMOR MILL: VZW to aquire ALLTEL
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1. Rumor Mill: Verizon Wireless to acquire Alltel
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Reports have surfaced in various consumer blogs that Verizon Wireless is keen on acquiring Alltel. This news comes just days after Alltel's CEO Scott Ford gave a nod to old acquisition rumors by noting that the carrier is reviewing "a broad spectrum of options." Verizon spokesperson Jeffrey Nelson said "We have no comment on this." Alltel could not be reached for comment.
Ken Hyers, analyst with Technology Business Research, says Verizon Wireless is the most plausible candidate to take over Alltel. "It would certainly fill in Verizon's coverage gaps. They already do extensive roaming on Alltel's network so from a finance standpoint it woul...
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1. Rumor Mill: Verizon Wireless to acquire Alltel
Comment | Forward to a friend
Reports have surfaced in various consumer blogs that Verizon Wireless is keen on acquiring Alltel. This news comes just days after Alltel's CEO Scott Ford gave a nod to old acquisition rumors by noting that the carrier is reviewing "a broad spectrum of options." Verizon spokesperson Jeffrey Nelson said "We have no comment on this." Alltel could not be reached for comment.
Ken Hyers, analyst with Technology Business Research, says Verizon Wireless is the most plausible candidate to take over Alltel. "It would certainly fill in Verizon's coverage gaps. They already do extensive roaming on Alltel's network so from a finance standpoint it woul...
(continues)
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