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Old 03-16-2006, 12:35 PM   #1 (permalink)

 
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Default Alltel Buys out Wireless Partnerships in North and South Carolina

Alltel Buys out Wireless Partnerships in North and South Carolina

LITTLE ROCK, Ark.--(BUSINESS WIRE)--March 16, 2006--Alltel (NYSE: AT) has purchased from Palmetto MobileNet, L.P., wireless partnerships that cover approximately 2 million people in North and South Carolina. Alltel already managed and owned 50 percent of each of the 10 partnerships and has purchased the remaining interests from Palmetto. The partnerships include 34 counties across South Carolina and seven counties in western North Carolina.

Alltel is owner and operator of the nation's largest wireless network and has more than 10 million wireless customers.

Alltel, NYSE: AT

www.alltel.com

http://home.businesswire.com/portal/...55&newsLang=en
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Old 03-16-2006, 12:42 PM   #2 (permalink)
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Default Re: Alltel Buys out Wireless Partnerships in North and South Carolina

Alltel: We Own You.

They're buying up everybody these days.
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Old 03-16-2006, 1:45 PM   #3 (permalink)
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Default Re: Alltel Buys out Wireless Partnerships in North and South Carolina

Good Job Alltel


I think we will see Hogs Fly before VZW buys out some of its partners and you know which ones I want to see.
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Old 03-16-2006, 4:07 PM   #4 (permalink)
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Default Re: Alltel Buys out Wireless Partnerships in North and South Carolina

Quote:
Originally Posted by TNDan21
Alltel is owner and operator of the nation's largest wireless network and has more than 10 million wireless customers.

Alltel, NYSE: AT
By what measure are they largest?
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Old 03-16-2006, 4:22 PM   #5 (permalink)

 
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Default Re: Alltel Buys out Wireless Partnerships in North and South Carolina

Quote:
Originally Posted by TKR
By what measure are they largest?
Largest Network Claim: Based upon analysis by an independent research company in December 2005, which compared marketed coverage patterns at the time of their creation of each wireless carrier without allowance for variations due to electrical interference, customer equipment, topography and each carrier’s translation & defined preferences of their own internal engineering data.

Translation - They have more licensed geographic coverage than any other carrier in the US. The problem with that however though is a lot of their licensed coverage area is quite rural so not that many people in this country actually live in some of those areas. Also licensed coverage means they have a license to operate in a specific area but they may not provide service there. So the largest network claim they make while true in a way is a pretty big stretch.
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Old 03-16-2006, 5:07 PM   #6 (permalink)
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Default Re: Alltel Buys out Wireless Partnerships in North and South Carolina

Quote:
Originally Posted by TKR
By what measure are they largest?
Yeah they cover the largest amount of the country then any other carrier. Not population wise. But the largest area. This is all as far as native coverage goes compared to native of everyone else.
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Old 03-16-2006, 6:46 PM   #7 (permalink)
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Default Re: Alltel Buys out Wireless Partnerships in North and South Carolina

What Alltel says they cover more square miles than any other provider.
Remeber allot of markets Alltel is in are rural, with not that many people in them.
I know they have to be neck and neck with VZW.
I think western Texas makes the difference.
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