Is Alltel and Verizon the same?

Since Verizon Wireless and Alltel use the same technology platform, the vast majority of customers will be able to use their current handset after the transition to Verizon Wireless. Additional information for customers is available at www.alltel.com.

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Who took over Alltel?

Verizon Communications agreed on Thursday to buy Alltel for about $28.1 billion, including the assumption of debt, creating the nation’s largest cellular telephone provider. The deal catapults Verizon’s wireless business ahead of AT Wireless, which falls to No.

Did Verizon used to be Alltel?

On June 5, 2008, Verizon Wireless announced it would acquire the majority of Alltel Wireless in a deal valued at $28.1 billion. The merger was approved by the Federal Communications Commission on the condition that Verizon divest 105 Alltel markets.

How much did Verizon pay for Alltel?

$28.1 billion
NEW YORK (Reuters) – Verizon Wireless said on Thursday it would buy rural mobile phone service provider Alltel Corp for $28.1 billion, including debt, which would vault it to first place in the U.S. market ahead of AT Inc.

Is Alltel still in business?

Alltel is continuing to provide service in states including Alabama, California, Colorado, Georgia, Idaho, Illinois, Iowa, Michigan, Minnesota, Montana, Nebraska, Nevada, New Mexico, North Carolina, North Dakota, Ohio, South Carolina, South Dakota, Tennessee, Utah, Virginia and Wyoming.

What companies did Verizon buyout?

Verizon bought AOL for $4.4 billion in 2015 and Yahoo two years later for $4.5 billion. Verizon will get $4.25 billion in cash from the sale along with its 10% stake in the company. Verizon and Apollo said they expect the transaction to close in the second half of 2021.

Is Cellular One going out of business?

Verizon Wireless Inc. has snapped up Price Communications Corp. in a $2.1 billion deal that will help the New Jersey-based telephone company fill a hole in its cellular business in the southeastern United States.

What happened Alltel Wireless?

Earlier today, it was announced that AT would buy up Alltel’s U.S. wireless service for $780 million, leading many to wonder how AT is buying a company that was already purchased by Verizon a few years back.

What companies is Verizon affiliated with?

There are actually a number of different companies that use Verizon towers—those carriers/companies include:

Credo Mobile.
Lively (previously GreatCall)
Net10.
Pix Wireless.
Page Plus.
Reach Mobile.
Red Pocket.
Spectrum Mobile.

Are AT and Verizon owned by the same company?

What is AT acquiring from Verizon Wireless? A. AT acquired select Alltel, Unicel, and Verizon Wireless properties, including licenses, network assets and approximately 1.6 million subscribers in 79 service areas across 18 states.

Is Verizon better than Straight Talk?

On average, Straight Talk speeds clock in at 31.1 Mbps downloading and 15.6 Mbps uploading. Verizon is much speedier at a 53.3 Mbps download and 17.5 Mbps. With that said, both offer good speeds overall.

How many customers does Verizon have after the Alltel buyout?

Verizon says it will divest in four markets it held prior to the buyout, and will sell Unicel operations it owns in southern Minnesota and western Kansas. Verizon picks up Alltel’s 12.9 million customers, though 2.1 million of them are in territory that will be sold. Verizon will have 83.7 million total customers after the divestiture.

Will Verizon buy out my contract?

Verizon will buy out your contract and cover early termination fees and device or lease buyouts from your old wireless provider. A family of four who’ve been waiting for the right time to switch to Verizon can use the incentive on each eligible line and receive up to $2,600.

When was Alltel taken private?

Alltel was taken private in November 2007 when it was purchased for $24.7 billion by two private equity groups. Alltel had little debt going into the transaction but picked up a burden estimated at $23 billion to finance the buyout.