Verizon really interested in Alltel assets?
There is speculation on the Alltel forum page that Verizon is interested in scooping up Alltel and taking over their coverage. Does anyone here know of that happening anytime in the future?
If that would ever be the case, Verizon's footprint would greatly expand...allowing for better competition with Cingular in those areas that Alltel cannot keep up with Cingular's phones and services. It seems like Verizon may be Alltel's answer.
If that would ever be the case, Verizon's footprint would greatly expand...allowing for better competition with Cingular in those areas that Alltel cannot keep up with Cingular's phones and services. It seems like Verizon may be Alltel's answer.
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that thread is old and in Alltel's last corporate meeting, they stated that Alltel is not for sell. So no, verizon and alltel wont be a family anytime soon. Alltel's plans are to continue trying to buy up litle markets here and there until can gain "National Status". Would be nice but it wont happen....SORRY!!!
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ALLTEL may say that they are not for sale, but that still doesn't change the fact that Verizon is interested in ALLTEL assets. Verizon's own network covers 65% of the US, ALLTEL's network covers 30% of the remaining 35%. What this means is that Verizon's map covers 95% of the US at the expense of roaming agreements.
Now, logically and in good business sense, Verizon would likely look seriously at purchasing ALLTEL (possibly in the distant future...2-3 years) to scoop up the roaming agreement (as it expires in 2007-2008 if I eremember correctly) and to scoop up the 10 million subscribers in the process. That would help greatly in regaining the #1 spot they enjoyed in subscribers. In a business sense, the money they would recoup with the p...
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Now, logically and in good business sense, Verizon would likely look seriously at purchasing ALLTEL (possibly in the distant future...2-3 years) to scoop up the roaming agreement (as it expires in 2007-2008 if I eremember correctly) and to scoop up the 10 million subscribers in the process. That would help greatly in regaining the #1 spot they enjoyed in subscribers. In a business sense, the money they would recoup with the p...
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I'm just going to say that I don't believe Verizon is wasting their time looking to acquire Alltel. Reason being, Alltel is to acquire Western Wireless as soon as regulatory approval is passed. Verizon then acquiring Alltel would cut competition so badly that regulators wouldn't allow it. Consider Democratic contol again in 2008, also. It won't be as "free" as it has been for businesses by that time.
Just my viewpoint.
Just my viewpoint.
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ALLTEL may say that they are not for sale, but that still doesn't change the fact that Verizon is interested in ALLTEL assets.
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actually alltel cant say that, becuase they are a public company and they have a fiduciary responsibility to do whats best for their shareholders. so if there is a great offer from verizon, they have to look at it.
otherwise, well said.
ALLTEL may say that they are not for sale, but that still doesn't change the fact that Verizon is interested in ALLTEL assets.
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actually alltel cant say that, becuase they are a public company and they have a fiduciary responsibility to do whats best for their shareholders. so if there is a great offer from verizon, they have to look at it.
otherwise, well said.
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Thank you! I have been looking at this possibility very hard lately, in the midst of this merger-mania! Everything I have found points to the same conclusion.
I do have a vested interest in this, as I will be working for ALLTEL in the VERY near future, since I'm part of the AT&T divestiture. As soon as it was announced that we were going to be sold, I started doing research on potential suitors: Verizon, Sprint, US Cellular but I didn't check on ALLTEL. This research I did (VERY heavy on the Verizon side, since it seemed they were going to win the bid) led me to the conclusions I have found after I checked out ALLTEL after we were told they won the bid.
Our acting CEO has heard speculation that this merger could be in the works in the ...
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I do have a vested interest in this, as I will be working for ALLTEL in the VERY near future, since I'm part of the AT&T divestiture. As soon as it was announced that we were going to be sold, I started doing research on potential suitors: Verizon, Sprint, US Cellular but I didn't check on ALLTEL. This research I did (VERY heavy on the Verizon side, since it seemed they were going to win the bid) led me to the conclusions I have found after I checked out ALLTEL after we were told they won the bid.
Our acting CEO has heard speculation that this merger could be in the works in the ...
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"Thank you! I have been looking at this possibility very hard lately, in the midst of this merger-mania! Everything I have found points to the same conclusion."
you are welcome.
"I do have a vested interest in this, as I will be working for ALLTEL in the VERY near future, since I'm part of the AT&T divestiture. As soon as it was announced that we were going to be sold, I started doing research on potential suitors: Verizon, Sprint, US Cellular but I didn't check on ALLTEL. This research I did (VERY heavy on the Verizon side, since it seemed they were going to win the bid) led me to the conclusions I have found after I checked out ALLTEL after we were told they won the bid."
for full disclosure purposes i have shares in alltel and w...
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you are welcome.
"I do have a vested interest in this, as I will be working for ALLTEL in the VERY near future, since I'm part of the AT&T divestiture. As soon as it was announced that we were going to be sold, I started doing research on potential suitors: Verizon, Sprint, US Cellular but I didn't check on ALLTEL. This research I did (VERY heavy on the Verizon side, since it seemed they were going to win the bid) led me to the conclusions I have found after I checked out ALLTEL after we were told they won the bid."
for full disclosure purposes i have shares in alltel and w...
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Sure, it is going to be HUGE in the wireless market. It gives ALLTEL control over 75% of the romaing agreements in the United States!
Here's information on the purchase:
http://www.alltel.com/news_information/westernwirele ... »
And on the new map:
http://www.alltel.com/news_information/images/ww_dom ... »
Speedywalk
"It ain't broke, it just needs duct tape!"
Here's information on the purchase:
http://www.alltel.com/news_information/westernwirele ... »
And on the new map:
http://www.alltel.com/news_information/images/ww_dom ... »
Speedywalk
"It ain't broke, it just needs duct tape!"
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this is what i was looking at....
ALLTEL will be the nation’s fifth-largest wireless carrier with 10 million domestic wireless customers serving a population of 72 million in 33 states, covering about 25 percent of the U.S. population and 56 percent of the land mass in the contiguous United States; 1.6 million international wireless customers in six countries serving a population of 50.6 million; and 3 million wireline customers in 15 states.
ALLTEL will add wireless operations in 9 new states: California, Idaho, Minnesota, Montana, Nevada, North Dakota, South Dakota, Utah and Wyoming. The transaction also significantly expands its wireless operations in several other states, including Arizona, Colorado, New Mexico and Texas.
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ALLTEL will be the nation’s fifth-largest wireless carrier with 10 million domestic wireless customers serving a population of 72 million in 33 states, covering about 25 percent of the U.S. population and 56 percent of the land mass in the contiguous United States; 1.6 million international wireless customers in six countries serving a population of 50.6 million; and 3 million wireline customers in 15 states.
ALLTEL will add wireless operations in 9 new states: California, Idaho, Minnesota, Montana, Nevada, North Dakota, South Dakota, Utah and Wyoming. The transaction also significantly expands its wireless operations in several other states, including Arizona, Colorado, New Mexico and Texas.
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Not too shabby indeed. Very good prospect for a company stance, and a very prime target for acquisition before too long...provided they don't grow to be a mammoth in a few years (which is VERY possible!).
Speedywalk
"It ain't broke, it just needs duct tape!"
Speedywalk
"It ain't broke, it just needs duct tape!"
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the problem is... will the FCC allow another merger to go through especially a good size of alltel and verizon? there will be a lot of divestitures just like there was with cing/att wireless's merger.
1. cingular/att= 50 mill subs
2. verizon wireless= 43-45 million subs
3. nextel/sprint= 30-35 million subs
4. tmobile.= 16-18 million subs
5. alltel.= 10 million subs
i think what should happen is that nextel/sprint should buy alltel, i dont think verizon would be allowed to becuase of their debt load and their size and spectrum holdings. plus again, it wouldnt be smart to buy up spectrum then to buy up another company.
tmobile unfort will probably go chapter 11 or in deep trouble in the united states.
1. cingular/att= 50 mill subs
2. verizon wireless= 43-45 million subs
3. nextel/sprint= 30-35 million subs
4. tmobile.= 16-18 million subs
5. alltel.= 10 million subs
i think what should happen is that nextel/sprint should buy alltel, i dont think verizon would be allowed to becuase of their debt load and their size and spectrum holdings. plus again, it wouldnt be smart to buy up spectrum then to buy up another company.
tmobile unfort will probably go chapter 11 or in deep trouble in the united states.
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Actually, as I was watching a market analysis report on a cable news channel, it sounds like the FCC is still encouraging the consolidation of wireless companies. Before Chairman Powell left the FCC he said he would like to see more of the consolidation because there would me more of a need to slash prices and more incentive to introduce more innovative technologies into the market quicker and in more diverse areas than exists today. He likened this competition to the fast-food industry: the competition by a few nationwide chains (McDonalds, Burger King, Taco Bell) have yielded the introduction of "value meals" and the now infamous "dollar menus!" He (and I) think it will be good for a few more to gobble up the "smaller" carriers in the inte...
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"Before Chairman Powell left the FCC he said he would like to see more of the consolidation because there would me more of a need to slash prices and more incentive to introduce more innovative technologies into the market quicker and in more diverse areas than exists today."
actually he and the fcc only thought to have a few more or one more biiiiggg merger like sprint/nextel, cingular/att wireless type. if there will be a lot of providers, they can still lower the prices too, however, with the functionality that we can do on the phones, i think that the phones will remain high. (the high end ones of course)
if you only have 3 providers they can actually still charge what they are and they wont get hurt that much. i dont think that w...
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actually he and the fcc only thought to have a few more or one more biiiiggg merger like sprint/nextel, cingular/att wireless type. if there will be a lot of providers, they can still lower the prices too, however, with the functionality that we can do on the phones, i think that the phones will remain high. (the high end ones of course)
if you only have 3 providers they can actually still charge what they are and they wont get hurt that much. i dont think that w...
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it should be interesting anyway....
what i am interested is the whole ev-do, umts/hspda, wimax, and flarion situation. that should be interesting.
Yes it will be interesting indeed!
Speedywalk
"It ain't broke, it just needs duct tape!"
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I'm all about the data side. My original sales background (and my hobby) are in the computer industry. The data is the coolest part. When I could pull down the speed of my cable internet (5 mbits/sec now SWEET!) on a cellular connection I will be impressed!
Speedywalk
"It ain't broke, it just needs duct tape!"
Speedywalk
"It ain't broke, it just needs duct tape!"
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do you think that verizon's vcast and slow EV-do Speeds are worth 15 bucks and 80 bucks per month respectively?
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as much as verizon wireless spends on spectrum, i dont think they will even need another partner such as alltel. no point of spending billions on spectrum and then billions on a company.
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That's just it, Verizon and ALLTEL (prior to the WW purchase) competed in just 3% of their markets. That is a VERY small number! Most of the spectrum Verizon owns isn't in competition with that of ALLTEL!
Speedywalk
"It ain't broke, it just needs duct tape!"
Speedywalk
"It ain't broke, it just needs duct tape!"
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