Thursday, March 26, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
New HEVC Patent Pool Launched
Micron and Intel Unveil New 3D NAND Flash Memory
Amazon Cloud Drive Now Offers Unlimited Storage
Twitter Launches Periscope Live Video Streaming App
3DMark Adds API Overhead Feature-set
New HTC One M9 Goes On Sale Today
Apple Rumored To Release New iPhones Later This Year
DVDFab Loses Legal Battle Against AACS LA
Active Discussions
how to copy and move data files to dvd-rw
cdrw trouble
Need serious help!!!!
burning
nvidia 6200 review
Hello
Burning Multimedia in track 0
I'm lazy. Please help.
 Home > News > Mobiles > Verizon...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, June 06, 2008
Verizon Wireless to Buy Alltel in $28.1 billion Deal


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&T Inc.

Under the deal, Verizon Wireless would acquire the equity of Alltel for $5.9 billion and take on an estimated $22.2 billion in debt, mostly incurred when Alltel was taken private in November in a leveraged buyout by TPG Capital and Goldman Sachs Group Inc's GS Capital Partners.

Verizon Wireless said the deal would create savings of $1 billion in the second year after closing, which is targeted for the end of 2008, pending regulatory approval. It forecast total savings of more than $9 billion by 2011, driven by reduced capital and operating expenses.


Previous
Next
Apple Premieres Movies on the iTunes Store in Canada, UK        All News        Intel-AMD Trial Delayed to 2010 in US court
KDDI au announces a slew of new Phones     Mobiles News      J.D. Power and Associates Reports: Rising Popularity of Smartphone Devices Drives Higher Wireless Mobile Phone Prices

Get RSS feed Easy Print E-Mail this Message

Related News
Verizon Under Fire Over Smart Cookies
Motorola Droid 3 Available by Verizon Wireless
Samsung Reality Is Coming From Verizon Wireless
Verizon Wireless to Offer Wirelless Skype Calls
Nokia Applauds Verizon Wireless for 4G Network Plans
Verizon getting LG VX9400 Soon

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .