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US Cellular Users | Subject: U.S. Cellular Gets ~$100M from Midwest Wireless deal in Wireless Carrier Users Forums; Here is the link Originally Posted by Reuters.com U.S. Cellular gets $95.1 mln from Midwest Wireless stake sale Wed Oct ...
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Old 10-13-2006, 3:39 PM   #1 (permalink)
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Arrow U.S. Cellular Gets ~$100M from Midwest Wireless deal
Here is the link
Quote:
Originally Posted by Reuters.com
U.S. Cellular gets $95.1 mln from Midwest Wireless stake sale
Wed Oct 11, 2006 2:34pm ET145

Oct 11 (Reuters) - United States Cellular Corp. (USM.A: Quote, Profile, Research) on Wednesday said it received $95.1 million and expects to get up to an additional $10.5 million from the sale of its interest in Midwest Wireless Holdings to Alltel Corp. (AT.N: Quote, Profile, Research).

U.S. Cellular had an interest of about 14 percent in Midwest Wireless Communications L.L.C., which was convertible into an interest of about 11 percent in Midwest Wireless Holdings L.L.C.

The deal was announced in November last year when Alltel had agreed to acquire Midwest Wireless Holdings for about $1.075 billion in cash. The deal closed on Oct. 3, 2006.
Well its great that US Cellular got its check in the mail. I am sure they will do good with the money.

Maybe they could use the money to get the Alltel divestments in Southern MN.
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Old 10-15-2006, 11:51 AM   #2 (permalink)
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Default Re: U.S. Cellular Gets ~$100M from Midwest Wireless deal
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Maybe they could use the money to get the Alltel divestments in Southern MN.
Yeah, I guess they could do that. Those poor people have been divested more times than I care to count.
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Old 10-17-2006, 3:38 PM   #3 (permalink)
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Default Re: U.S. Cellular Gets ~$100M from Midwest Wireless deal
look at people in Northern Iowa

Fall of 1999 Commnet Cellular to Airtouch
Spring 2000 Airtouch to Verizon Wireless
Summer 2000 Verizon Wireless to Midwest Wireless
Then in 2007 Midwest Wireless to Alltel

That is some changing I think.
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Old 11-16-2006, 5:39 PM   #4 (permalink)

 
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Default Re: U.S. Cellular Gets ~$100M from Midwest Wireless deal
Quote:
Originally Posted by agentHibby View Post
look at people in Northern Iowa

Fall of 1999 Commnet Cellular to Airtouch
Spring 2000 Airtouch to Verizon Wireless
Summer 2000 Verizon Wireless to Midwest Wireless
Then in 2007 Midwest Wireless to Alltel

That is some changing I think.

Only difference is that the Northern IA people have had a good network the last few years as compared to the Alltel divestment properties in Southern MN.
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Old 11-26-2006, 12:15 AM   #5 (permalink)
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Default Re: U.S. Cellular Gets ~$100M from Midwest Wireless deal
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Only difference is that the Northern IA people have had a good network the last few years as compared to the Alltel divestment properties in Southern MN.
The Midwest Wireless network in N. Iowa is quite good. I spent last summer in Okoboji and didn't drop a single call on Midwest's network.
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Old 11-26-2006, 2:26 AM   #6 (permalink)

 
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Default Re: U.S. Cellular Gets ~$100M from Midwest Wireless deal
So, Verizon covers dubuque, did they split up that service area?
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