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Verizon Wireless agreed to buy Alltel Corp. for $28.1 billion in cash and debt to ... Smartphone News forum

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    mrmoto's Avatar
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    Verizon Wireless to Purchase Alltel for $28.1 Billion

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    Verizon Wireless agreed to buy Alltel Corp. for $28.1 billion in cash and debt to overtake AT&T Inc. as the biggest mobile-phone company in the U.S. The deal is worth 2.1 percent more than the $27.5 billion TPG Inc. and Goldman Sachs Group Inc. paid last year to take Alltel private. The acquisition includes about $5.9 billion in cash and $22.2 billion in debt, the Basking Ridge, New Jersey- based company said today. Verizon Wireless is jointly owned by Verizon Communications Inc. and Vodafone Group Plc.

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    just saw this as well
    http://news.vzw.com/news/2008/06/pr2008-06-05.html

    This is huge news.

    I wasn't aware Alltel was CDMA
    Last edited by j llama; 06-05-2008 at 12:31 PM.
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    Will they change Alltel over to Verizon, or just keep both brands?

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    Here's an interesting question regarding BB's.

    Does Alltel cripple any services at this point as Verizon does? (GPS, IT Policy, etc...)

    Will BB users need to upgrade to a Verizon OS after this is all said and done?

    Will this cause cripple any services for BB users that aren't currently locked out?
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    Are BB's for the most part untouched from what I can tell. You have full access to the GPS and the bluetooth.

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    Quote Originally Posted by j llama View Post
    Here's an interesting question regarding BB's.

    Does Alltel cripple any services at this point as Verizon does? (GPS, IT Policy, etc...)

    Will BB users need to upgrade to a Verizon OS after this is all said and done?

    Will this cause cripple any services for BB users that aren't currently locked out?
    I would like to know this 2?

    is Alltel gonna keep the my circle?

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    I love Alltel.......I hope us Alltel customers don't get screwed. I love my free GPS and other features like My Circle. I hate mergers like this and being unsure of how my services and coverage will be in the future.

    Gaahhhhh!! I don't deal well with change
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    This is huge news gonna miss the commercials with Chad.. LOL Really, expands vzw's coverage especially in the Midwest. Really, good deal on VZW's part
    "This life almost didn't happen"

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    Quote Originally Posted by kreesedup View Post
    This is huge news gonna miss the commercials with Chad.. LOL Really, expands vzw's coverage especially in the Midwest. Really, good deal on VZW's part
    I'ma miss Chad too...lol.

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    Vzw really made a smart deal. I love my AllTel, though. I can only pray they don't try to cripple our phones, take away mycircle or anything else retarded. But hey, maybe ill finally be able to get mms on my pearl. Maybe they'll give us our nights starting at 7 for free. Lots of possibilities.

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    Cripplementation is emminent.
    Sorry Alltel users.
    (i could be wrong however)

    (mispelled my made above up word the first time.)
    Last edited by j llama; 06-05-2008 at 03:18 PM. Reason: mispelled fictional word ;)
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    Quote Originally Posted by j llama View Post
    Cipplementation is emminent.
    Sorry Alltel users.
    (i could be wrong)
    "Cipplementation" is this even i word? lol

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    Yeah, I have a feeling this is not gonna benefit us Alltel people......at ALL!!

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    Quote Originally Posted by kreesedup View Post
    This is huge news gonna miss the commercials with Chad.. LOL Really, expands vzw's coverage especially in the Midwest. Really, good deal on VZW's part

    they should keep the commercial, just have the verizon guy slip the wizard some cash, then chads shirt changes to red, and the verizon nerd is all of a sudden is just huge and ripped. haha.

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