Any more rumors/whisperings?
About the merger/buyout? I haven't seen much in the last couple of days, and I'm starting to think that it was just rumor after all.
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Here's the issue: Every year after Alltel's 4th Q meeting, the rumors start. This year, there is some validity to the rumors, i.e. Alltel is looking for a larger company to partner with to become more profitable.
The two most likely companies for this are: Comcast or Sprint.
Here's the rumor about a possible Sprint merger, Note that I said "merger". The deal would supposedly have Alltel's leadership take the reigns over for the entire company, and possibly (not sure how likely) keep Alltl's pricing structure in place over the current Sprint plans. This would be good for Alltel for branding reasons, and great for Sprint for pricing and management reasons. Difficulties would center around credit approval standards, which Sprint is ...
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The two most likely companies for this are: Comcast or Sprint.
Here's the rumor about a possible Sprint merger, Note that I said "merger". The deal would supposedly have Alltel's leadership take the reigns over for the entire company, and possibly (not sure how likely) keep Alltl's pricing structure in place over the current Sprint plans. This would be good for Alltel for branding reasons, and great for Sprint for pricing and management reasons. Difficulties would center around credit approval standards, which Sprint is ...
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Sprint is so shaky right now, that doesn't seem like much of a possibility, but then again, I thought it would have been pure idiocy for them to buy Nextel. Comcast looks like the best fit for both companies. We'll see, I'm just laughing. There are lots of rumors and rumors of rumors about lots of companies. My favorite is to merger USCC and Alltel. That would actually be beneficial to the footprint at least, and might make the new company a national carrier. I just don't see the managements and owners of each to get along long enough to see it through.
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I don't see USCC doing much to make Alltel a national carrier based on their native footprint that you can see here (click on the Mobile to Mobile selection):
http://www.uscc.com/uscellular/SilverStream/Pages/x_ ... »
Still no NY, LA, or any other of a dozen markets needed.
Sprint needs help, and fast, to keep from plummeting into bankruptcy protection. Alltel's management team would give Sprint that. Were the pricing structure and packages to stay the same, or improve, and Alltel's customer service team to take over as well as the management team, this would be a great deal for the company, and the stockholders. I personally would rather have the Comcast deal, because it would change nothing about the current r...
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http://www.uscc.com/uscellular/SilverStream/Pages/x_ ... »
Still no NY, LA, or any other of a dozen markets needed.
Sprint needs help, and fast, to keep from plummeting into bankruptcy protection. Alltel's management team would give Sprint that. Were the pricing structure and packages to stay the same, or improve, and Alltel's customer service team to take over as well as the management team, this would be a great deal for the company, and the stockholders. I personally would rather have the Comcast deal, because it would change nothing about the current r...
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I see your point. I just don't see how that would save Sprint. It looks to me like throwing good money after bad.
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Sprint will be fine. I love all you people saying their sinking. They new nextel was going to be hard and they are doing it. Now comcast doesn't help any. Sprint has a nationwide network and on top of alltel wow is all I could say. NOt to mention sprint already has more spectrum then all the others together. Wimax by next year. EVDO REV A bu this year network wide. Alltel and Sprint would be a force to beat if they could merge together. It is a nightmare come true for Verizon and cingular would this happen!
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I agree that Sprint will be fine. However, in the short term Sprint must stop the bleeding! REV A and Wimax are great. The cost to implement both is enormous. If Sprint continues to have sub-par performance in earnings then major investors will be come restless. Meaning, more pressure will come from the board and investors to halt major capital expenditures, in turn slowing the build-out. Currently, Sprint has already starting replacing corporate executives, workforce reductions, and consolidating locations (some duplicate and some underperforming locations). These actions are an effort to straighten Sprint’s performance out. In fact, for the past 4 years Sprint has been cutting costs to remain above water. These actions started before Sprin...
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Isn't that how it always is, either something will happen, or nothing will happen. This is a win-win situation for Alltel, no matter what. They may be just feeling out the market, to see if they get a nibble, or they may be looking to expand, either way, they get a clear vision of what they want to do in the future. It wasn't a bad idea, actually.
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Today's headline states that interest in acquiring Alltel is lukewarm.
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I didn't say they were sinking, I said they needed to recover before taking on more water. (well, not in those words, but I'm just following your analogy) If Alltel merged with Verizon it would ruin the day of Sprint and Cingy, if Alltel joined with Sprint, Verizon has little chance to be number one again. I just don't understand why Sprint would take this on before they are solidly back up and running. They haven't even completely consolidated Nextel into themselves yet. Baby steps before we start running hurdles.
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sprint and nextel will never be truly combined until they day they turn off IDEN and everyone is on CDMA. Alltel uses CDMA everywhere on top of GSM that cingular uses for roaming. Sprint would not have to do anything and it would take maybe a month to merge the two together. Just like the old ATT Wireless and Cingular. It was almost transparent. Same technology. Sprint and nextel were two different technologies. That will never truly combine.
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Amen. It doesn't make sense for a gsm company to buy Alltel, the three companies that make the most sense are Verizon (looks good from Verizon's point of view until you crunch the numbers in any detail, then Vodophone gets in the way) Sprint (who is still recovering from the last merger) and Comcast (who in my book looks the best, since they seem to have the money, and want to break into wireless). It makes no sense for Cingy to even think about purchase (except to prevent Verizon, they kinda seem to be enjoying being #1).
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Personally, I would rather see Comcast or any company outside of the four U.S. carriers buy Alltel. I believe it was bad for consumers when Cingular gobbled up AT&T and even when Sprint bought Nextel. It would be great if Vodaphone got involved. They tried to purchase AT&T Wireless (which drove up the price Cingular eventually paid). The ramifications of a Vodaphone entry into the U.S. market (again) would be intriguing as Vodaphone would have to give up its 40 percent stake in Verizon Wireless. The question is how attractive would a CDMA carrier be to GSM Vodaphone? AT&T Wireless made sense because the technologies were compatible. Of course, if one of the current carriers were to purchase Alltel, I prefer it to be T-Mobile as they w...
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TMO USA Couldn't afford to purchase Alltel, nor would Alltel consider a merger with them.
DT on the other hand can, but why would they? Sprint is showing why it's a bad idea to merge with a company that has a completely different technology for your own native one. It's a complete waste of time and money.
I have to admit that I'm interested in the Sprint deal more and more each day, assuming that the Alltel plan structure remains in place, or at least something similar is used.
DT on the other hand can, but why would they? Sprint is showing why it's a bad idea to merge with a company that has a completely different technology for your own native one. It's a complete waste of time and money.
I have to admit that I'm interested in the Sprint deal more and more each day, assuming that the Alltel plan structure remains in place, or at least something similar is used.
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I broke this down previously here: https://www.phonescoop.com/carriers/forum.php ?fm=m&ff=7&fi=1009801 Of course, Deutsche Telekom has deep pockets and could pluck Alltel up if they really wanted to. I only want that deal to happen if they keep Alltel's CDMA network and follow the example of China Unicomm running both a GSM and CDMA network side by side. The Sprint merger was horrible (let's face it anyone acquiring Nextel's dead end IDEN network would have been a bad idea) as the only advantage to the merger was for the 2.5 Ghz spectrum the combined entity enjoys. The footprints were the same and Sprint had to acquire most of its affiliates AND Nextel Partners as a result. Deutsche Telekom would not have any of those issues. Alltel's ...
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you do realize that Verizon is always the front runner, until they don't do anything, right? 🙄
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Verizon can't afford Alltel. The FCC won't let at&t buy them. They can't merge with Sprint. I don't think they should sell to anyone at this time.
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Did I type something wrong? Verizon CAN"T afford Alltel. I'm sure Bloomberg doesn't report the truth. Do your homework before you open your trap.
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Verizon can afford Alltel. Plan and simple. Verizon would much rather purchase the remaining 45% of Verizon Wireless from Vodafone.
AT&T and Verizon would have a harder time with regulatory approval on acquisition of Alltel (whole). Sprint and T-Mobile would not have a hard time if they acquired Alltel (whole).
Both AT&T and Verizon would rather a private equity purchase Alltel, so that in a 1 or 2 years they can purchase markets instead of the whole company. This would be easier for AT&T and Verizon due to regulatory issues. Plus, the big two get exactly what they want.
Sprint's market share needs to grow (fast). The big two are really beginning to separate themselves from the pack. In order for Sprint to close in on the big two the...
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AT&T and Verizon would have a harder time with regulatory approval on acquisition of Alltel (whole). Sprint and T-Mobile would not have a hard time if they acquired Alltel (whole).
Both AT&T and Verizon would rather a private equity purchase Alltel, so that in a 1 or 2 years they can purchase markets instead of the whole company. This would be easier for AT&T and Verizon due to regulatory issues. Plus, the big two get exactly what they want.
Sprint's market share needs to grow (fast). The big two are really beginning to separate themselves from the pack. In order for Sprint to close in on the big two the...
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Yes, Verizon can afford Alltel or any other carrier but the most important thing has to deal with regulatory approval, which won’t happen. We both agree on Verizon and their strategic intentions about their relationship with Voda and they need to have 100% ownership.
Comcast won’t buy out Alltel, and if Comcast were going to buy a provider, it would be Sprint because of Wimax.
Sprint’s financials are fine, but they just need to execute on their plans and turn around the legacy postpaid decline and they will be all set.
Alltel could do it on its own, however, linked to a bigger carrier would allow for more liquidity and resources dumped into the network and entity. I think they can do it on their own, however, 85% I think they wil...
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Comcast won’t buy out Alltel, and if Comcast were going to buy a provider, it would be Sprint because of Wimax.
Sprint’s financials are fine, but they just need to execute on their plans and turn around the legacy postpaid decline and they will be all set.
Alltel could do it on its own, however, linked to a bigger carrier would allow for more liquidity and resources dumped into the network and entity. I think they can do it on their own, however, 85% I think they wil...
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Verizon can’t afford Alltel? Of course, they can, but they will just issue bonds and then seek the synergies and apply it to that assumed debt.
I do agree with your statement that FCC won’t allow AT&T but they won’t allow VZ either.
Why “Cant” they merge with Sprint?
I do agree with your statement that FCC won’t allow AT&T but they won’t allow VZ either.
Why “Cant” they merge with Sprint?
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Wanted to state that I have been hearing a number of options that are surrounding this situation;
LBO, Private equity, Third party (Verizon, Sprint etc...), and do nothing.
I think 85% it will either be bought out by either private equity or third party.
I have been hearing some numbers and some of the parties.
A few are interested are VZW and Sprint, and I think the ideal party would be Sprint, because Verizon has its hands full with regulatory scrutiny as well as they need to focus on buying Voda’s stake in VZW which will fetch $40B+.
LBO, Private equity, Third party (Verizon, Sprint etc...), and do nothing.
I think 85% it will either be bought out by either private equity or third party.
I have been hearing some numbers and some of the parties.
A few are interested are VZW and Sprint, and I think the ideal party would be Sprint, because Verizon has its hands full with regulatory scrutiny as well as they need to focus on buying Voda’s stake in VZW which will fetch $40B+.
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