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Verizon ploughs ahead with Alltel $28.1 Billion deal

Although America’s financial climate has worsened, Verizon Wireless is to move forward with their plan to acquire Alltel Corp. for $28.1 billion. New York-based Fitch Ratings, Bill Densmore, says: “Considering the size of this deal, it would be surprising that Verizon would enter something with such significant risk that it really threatens to preclude this deal [...]

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Verizon: Alltel Acquisition Moving Forward

Verizon Wireless said that its planned acquisition of Alltel Wireless is moving forward and should close by the end of 2008. Analysts are not so sure. Fitch Ratings believes that the worsening economy may play a role in keeping ... (follow link to read)

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Verizon Figures To Acquire Alltel By Year's End

Verizon is poised to become the largest cell phone service provider in the United States, leapfrogging over the current leader, AT&T.

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Verizon (Takes A Shot At) Acquiring Alltel

Despite the shitty economy, Verizon is still pushing ahead with it’s deal to purchase the nation’s fifth-largest wireless telecom provider, Alltel Corp. Verizon is still meeting with the Justice department in an attempt to keep everything kosher, especially considering the size of the deal. You can bet it won’t give up though: if the deal [...]

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Verizon Says Alltel Deal On Schedule - Despite recent economic upheaval

Verizon tells the Associated Press that their $28.1 billion acquisition of Alltel is on track, despite recent economic concerns. The deal, which would make Verizon Wireless the largest wireless carrier in the United States, was announced last June and awaits FCC approval. Some analysts aren't so sure the deal will stay on schedule. "Considering the size of this deal, it would be surprising that Verizon...

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First Bytes: Verizon, Alltel, Myspace, eBay, Ask.com

--Growing opposition against Yahoo/Google deal. [NYT] --eBay purchased DBA--the "eBay of Denmark"--for $383 million. [TechCrunch] --Verizon set to acquire Alltel for $28.1 billion. [Yahoo] --IAC's Ask.com gets revamped to dish out faster results to take on market leader Google. [Yahoo] --It took iTunes nearly three years to get 1 billion song downloads, but Myspace Music streamed a billion songs just...

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Verizon says $28.1B buyout of Alltel on track

Verizon Wireless says it is moving forward with plans to acquire Alltel for $28.1 billion, although the country's financial climate has worsened since the companies reached an agreement four months ago.

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Ratings firm raises uncertainties for $28.1B Alltel deal, which Verizon says is on track

For one, it must have enough financial strength to buy assets it will probably have to sell in order for federal regulators to approve the deal. Also, the deal with Little Rock-based Alltel contains triggers that allow Verizon to back out if the company has to divest too many subscribers for federal approval.

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Ex-athletes a growing commodity for teams

TALLADEGA -- In what is becoming a common practice around NASCAR pits these days, race teams are hiring ex-athletes to work around their cars on race day. Not with wrenches and tin snips, but doing the things that translate to critical seconds and perhaps victory.

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Verizon Eyes a Bid for Debt Financing

Verizon Wireless will try to raise $20 billion in new debt by year-end to close its purchase of Alltel, despite the worsening credit crisis, says an analyst.

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OMG Free SMS Bible Verses

Bible SMS is spreading the Word of God via Text Messaging (SMS). Registration si free, with no fees.Registered members receive weekly bible verses delivered as a text message directly to their cell phone.This service is currently available nationwide with the...

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Former Cardinal Aeneas Williams signing autographs on October 11th…

Former Arizona Cardinal Aeneas Williams will be making an appearance to sign autographs, record voice mails and give away free VIP football experiences at the Grand Opening of the new Alltel Wireless store at Desert Ridge next Saturday, October 11th. We’ll be there to interview Aeneas, and we’ll definitely be getting him to record a voice [...]

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Alltel Wireless to celebrate Dia de Los Muertos with second "Mi Circulo, Mi Musica" concert event in El Paso

LITTLE ROCK, Ark.--(BUSINESS WIRE)--Alltel Wireless, America’s largest network, today announced the line up for the “Mi

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Some More Names Surfacing For Sprint's Possible Sale of Nextel Unit

Some more names are bubbling up on Sprint's ( NYSE: S ) possible sale of its Nextel unit...last week we mentioned that potential buyers may include TPG Capital and GS Capital Partners, which previously bought Alltel ( NYSE: AT ). Now WSJ reports some more names, including Latin American carrier NII Holdings, and PE firm Cerberus Capital Management. NII was once the international division of Nextel...

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Elgan: Stop ignoring the GPS in your phone

There are many powerful ways to take advantage of your phone's GPS, write columnist Mike Elgan and he offers one simple way that requires the installation of just one application.