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Western Wireless shareholders voted on July 29, 2005, eleven years to the day after Western Wirless was incorporated, to accept a US$4.4 billion stock-and-cash offer from Alltel. The merger closed on August 1, 2005.
In 1993, Alltel opened its first wireless retail store. In 1997, the company's wireless and wireline businesses were combined into a single organization. On December 9, 2005, Alltel announced that it would become a wireless-only company, simultaneously merging and building a spin-off company for its wireline services. [8]
On January 22, 2013, AT&T announced [14] that it had signed an agreement with Atlantic Tele-Network to acquire the company's U.S. retail wireless operations, operated under the Alltel brand, for $780 million in cash. Under terms of the agreement, AT&T will acquire wireless properties, including licenses, network assets, retail stores and ...
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NEW YORK (AP) — U.S. stock indexes closed their best week in two months with a flourish on Friday. The S&P 500 climbed 1% to clinch its first winning week in the last three.The Dow Jones ...
Allied Wireless Communications Corporation (AWCC), doing business as Alltel Wireless, was a wireless telecommunications provider serving customers in six states. AWCC customers were transferred to AT&T Mobility in 2015 and the Alltel brand was officially retired in 2016
The company targets an annual growth rate of 7% to 9% per year while keeping a payout ratio of 55% to 60%. By keeping a lid on its payout ratio, the company maintains a healthy balance sheet and ...
Trilogy was founded in 2005 by John W. Stanton, an American wireless businessman, and several associates. [4] The founders previously managed Western Wireless, an American wireless operator, that merged with Alltel in 2005 for $6 billion. [5] Comcel Haiti, their company in Haiti, was sold to Digicel group in March 2012. [6]