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Andy · 01-22-2008, 10:00 AM

Verizon Wireless To Purchase SureWest Communications’ Wireless Assets In Northern California

BASKING RIDGE, NJ — Verizon Wireless and SureWest Communications announced today they have signed a definitive agreement for Verizon Wireless to purchase SureWest Communications’ wireless assets in northern California, operating as SureWest Wireless, for $69.0 million.

The purchase includes SureWest Wireless’ spectrum licenses, and network and operations assets in the greater Sacramento area. The licenses, which cover a population of 3.8 million people and overlap with areas currently served by Verizon Wireless, will expand the company’s capacity in that area. Verizon Wireless plans to begin serving SureWest Wireless’ more than 50,000 customers when the deal is finalized.

The transaction is expected to close in the second quarter of 2008 and is subject to federal regulatory approvals.

About Verizon Wireless
Verizon Wireless operates the nation’s most reliable wireless voice and data network, serving 63.7 million customers. The largest U.S. wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, N.J., with 68,000 employees nationwide. The company is a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE and LSE: VOD). Find more information on the Web at Cell Phones, Cell Phone Plans, Cell Phone Accessories - Verizon Wireless. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.

Verizon Wireless To Purchase SureWest Communications’ Wireless Assets In Northern California

Saw that one coming....

JFB · 01-22-2008, 11:01 AM

FYI, here is the SureWest Wireless web site:
SureWest Wireless - Unlimited Calling, Travel Plans, Cell Phones

Eric47 · 01-23-2008, 10:59 AM

i wonder what the government will have to say about this. dont they usually force them to give up bandwith in other areas if they pick it up in a certain area?

cheddar · 01-23-2008, 3:44 PM

Quote:

Originally Posted by EricN4707

i wonder what the government will have to say about this. dont they usually force them to give up bandwith in other areas if they pick it up in a certain area?

Occassionally. However, the FCC also has a tendency to favor large telcoms over smaller ones. I doubt they'll do anything over a deal this small.

Mobile Mike · 01-24-2008, 3:03 PM

Another one (small carrier) bites the dust!!!

Somehow I doubt Verizon's done buying small regional carriers...

Andy · 01-24-2008, 4:41 PM

Quote:

Originally Posted by Mobile Mike

Somehow I doubt Verizon's done buying small regional carriers...

They're not...and neither is at&t.

01-22-2008, 10:00 AM	#1
Andy Join Date: May 2003 Location: Campione, Italy Posts: 10,290 Phone(s): Blackberry Tour, Motorola RAZR V3i Provider(s): VZW, Vodafone D2, Solomo, Swisscom Mobile Thanks: 0 Thanked 5 Times in 4 Posts Images: 130	Verizon Wireless To Purchase SureWest Communications’ Wireless Assets In Northern Cal Verizon Wireless To Purchase SureWest Communications’ Wireless Assets In Northern California BASKING RIDGE, NJ — Verizon Wireless and SureWest Communications announced today they have signed a definitive agreement for Verizon Wireless to purchase SureWest Communications’ wireless assets in northern California, operating as SureWest Wireless, for $69.0 million. The purchase includes SureWest Wireless’ spectrum licenses, and network and operations assets in the greater Sacramento area. The licenses, which cover a population of 3.8 million people and overlap with areas currently served by Verizon Wireless, will expand the company’s capacity in that area. Verizon Wireless plans to begin serving SureWest Wireless’ more than 50,000 customers when the deal is finalized. The transaction is expected to close in the second quarter of 2008 and is subject to federal regulatory approvals. About Verizon Wireless Verizon Wireless operates the nation’s most reliable wireless voice and data network, serving 63.7 million customers. The largest U.S. wireless company and largest wireless data provider, based on revenues, Verizon Wireless is headquartered in Basking Ridge, N.J., with 68,000 employees nationwide. The company is a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE and LSE: VOD). Find more information on the Web at Cell Phones, Cell Phone Plans, Cell Phone Accessories - Verizon Wireless. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia. Verizon Wireless To Purchase SureWest Communications’ Wireless Assets In Northern California Saw that one coming....

01-22-2008, 11:01 AM	#2
JFB Administrator Join Date: Jan 1998 Location: New Jersey, USA Posts: 3,043 Phone(s): Verizon (HTC) VX6800 Provider(s): Verizon Wireless Devices: iPod Nano 16GB, Sirius Starmate Thanks: 97 Thanked 30 Times in 20 Posts Images: 6 My Auctions	Re: Verizon Wireless To Purchase SureWest Communications’ Wireless Assets In Northern FYI, here is the SureWest Wireless web site: SureWest Wireless - Unlimited Calling, Travel Plans, Cell Phones __________________ Joe Are you new to WA? Introduce yourself in our Welcome Forum! Find out how to get a FREE WA T-shirt --> HERE

01-23-2008, 10:59 AM	#3
Eric47 Join Date: Dec 2007 Location: in my own house Posts: 1,404 Phone(s): crackberry's Devices: my home wi-fi router and laptop Thanks: 5 Thanked 1 Time in 1 Post Images: 49	Re: Verizon Wireless To Purchase SureWest Communications’ Wireless Assets In Northern i wonder what the government will have to say about this. dont they usually force them to give up bandwith in other areas if they pick it up in a certain area?

01-24-2008, 3:03 PM	#5
Mobile Mike Mobile Enthusiast Join Date: Sep 2004 Location: Los Angeles, CA Posts: 5,908 Phone(s): LG Voyager, Nokia 6263 Provider(s): Verizon Wireless, T-Mobile. Formerly AT&T, Nextel Devices: 80gb iPod, Dell laptop Thanks: 86 Thanked 62 Times in 61 Posts	Re: Verizon Wireless To Purchase SureWest Communications’ Wireless Assets In Northern Another one (small carrier) bites the dust!!! Somehow I doubt Verizon's done buying small regional carriers... __________________ Started with PacTel Cellular (1994) which became AIRTOUCH (1994-2000) which became verizonwireless (2000-present). Back with -T- Mobile (2004-2009, 2009-present)

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