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Western Wireless became a publicly traded company in 1996. Western Wireless spun off its VoiceStream Wireless subsidiary in 1999, which was later purchased by Deutsche Telekom AG in 2001. Deutsche Telekom renamed VoiceStream Wireless to T-Mobile USA in 2002. Western Wireless merged with Alltel Corporation in August 2005. After the merger ...
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 ...
With shares up by over 240,000% since hitting public markets in 1997, Amazon (NASDAQ: AMZN) is a quintessential example of this trend. Under the leadership of CEO Andy Jassy, who took the helm ...
Amazon's growth-oriented culture means the company could keep growing larger. For starters, e-commerce still represents only 16% of total retail spending in the United States. Amazon should ...
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
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
But the stock still looks compelling from a valuation perspective, trading at a price-to-free-cash-flow (P/FCF) ratio of 31. That's near the cheapest it has been since November 2014. That's near ...