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Also in 2008, Verizon struck a deal to buy Alltel for $5.9 billion in equity while assuming $22.2 billion worth of debt. [24] [25] The deal was finalized on January 9, 2009, again making Verizon Wireless the country's largest cellphone network. [24] As per the agreement, Verizon sold rural wireless properties across 18 states to AT&T.
Alltel was a landline, wireless and general telecommunications services provider, primarily based in the United States.Before its wireless division was acquired by Verizon Wireless and AT&T, Alltel provided cellular service to 34 states and had approximately 13 million subscribers.
For a time, it was the second-largest long-distance telephone company in the United States, after AT&T. WorldCom grew largely by acquiring other telecommunications companies, including MCI Communications in 1998, and filed for bankruptcy in 2002 after an accounting scandal , in which several executives, including CEO Bernard Ebbers , were ...
Verizon Communications Inc. (/ v ə ˈ r aɪ z ən / və-RY-zən), is an American telecommunications company headquartered in New York City. [3] It is the world's second-largest telecommunications company by revenue and its mobile network is the largest wireless carrier in the United States, with 146 million subscribers as of December 31, 2024.
The AT&T Wireless brand was retired by Cingular on April 26, 2005, six months after the close of the merger. This was per a pre-spinoff agreement with AT&T Corp. that stated that if AT&T Wireless was to be bought by a competitor, the rights to the name AT&T Wireless and the use of the AT&T name in wireless phone service would revert to AT&T Corp.
Pacific Bell Wireless logo. Pacific Bell Wireless, LLC is a wireless operating division of AT&T Mobility. [1] Pacific Bell Wireless is legally known as Pacific Bell Wireless, LLC d/b/a Cingular Wireless.
Cellular One is the trademarked brand name that licenses services (radio frequencies for telecommunications) used by several cellular service providers in the United States. The brand was sold to Trilogy Partners by AT&T in 2008 shortly after AT&T had completed its acquisition of Dobson Communications. Cellular One was originally the trade name ...
This otherwise loss-making company has now taken on biggies such as AT&T (NYS: T) and Verizon (NYS: VZ) in the wireless Internet space. ... (NYS: T) and Verizon (NYS: VZ) in the wireless Internet ...