How is the buyout going?
Actually Alltel was purchased by an Investment Company and part of the agreement is that the investment company has to keep all of Alltel's employees.
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My best info on this subject is that business for Alltel will go on as usual. In having the company sold to the investment firms, it gives them some money to pay off some bills, as well as gain capital for the 700 Mhz auction next year. I doubt seriously, at this point, that Alltel is going anywhere. There is only one other company using CDMA that is large enough to purchase Alltel, and that's Verizon, and they are saying publicly that they're not interested. If anyone else out there KNOWS differently, please say something.
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the company that bought alltel is notorious for buying and chopping up companies I.E kraton polomers told all the employees that same crap and sold it a year later. this company is not going to keep alltel they will auction it off piece by piece and see ya
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Well, I know Goldman Sachs won't be going into the cellular business themselves, but if it is sold "piece by piece", as you suggest, other than the wireless, exactly what other pieces are there? And do you think the wireless could in fact go to Verizon? Should that happen, I wouldn't be too upset. I live in Charlottesville, VA, and up until a week ago, I kept my Verizon national plan going here since we got here in November, 2004. I wanted a local number now, VZW couldn't give me one, and I dropped them. I think it's a matter of when, not if, Verizon has local service here, and if this is the way they do it, I'm not going to be too upset. If the Alltel suits, for whom I work, are crazy enough to sell their control of the company, they ...
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They could actually make a fair amount of cash selling it off in peices to Sprint and Verizon so they can fill in thier coverage areas with Alltel coverage in all those little cities that Alltel covers that no one else cares to. Maybe they could sell the remaining markets to some MVNO looking to break free of thier parent company, Cricket perhaps?.
Maybe at one point Goldman had Alltel service and they will have some illuminati type ceremony where they burn the headquarters to the ground and shut down the towers to turn them into PETA approved bird houses with natural rain gathering bird baths. Maybe Goldman is so loaded that they can do that kind of stuff. You never know...
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Maybe at one point Goldman had Alltel service and they will have some illuminati type ceremony where they burn the headquarters to the ground and shut down the towers to turn them into PETA approved bird houses with natural rain gathering bird baths. Maybe Goldman is so loaded that they can do that kind of stuff. You never know...
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Well, Sprint is already here in Charlottesville, so if the company does get sold in pieces, I might be a Verizon customer again. What I have noticed is that I don't have as much trouble with Alltel service here in the Shenandoah Valley as I did with Verizon...lack of roaming agreements? I have had great service with Allel since getting my national plan on May 31st, and subsequently dropping my Washington, DC-based Verizon line last Sunday. For the record, I hope your theory is wrong, but I have a feeling you're right on target.
PETA approved bird baths? Yeah, I like that!
PETA approved bird baths? Yeah, I like that!
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We won't know what they plan to do until the next auction. If they expand their footprint into other major markets then they will around a long time as a whole. If they sit on their hands, then it will be sold of. Simple as that.
The private companies could be looking long term, building into national then selling to an overseas company in europe or japan, even Voda, but that is less likely.
The private companies could be looking long term, building into national then selling to an overseas company in europe or japan, even Voda, but that is less likely.
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