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Verizon officially acquires Alltel, becomes U.S. largest carrier

Posted: , by Nanko R.

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Verizon officially acquires Alltel, becomes U.S. largest carrier
As expected, Verizon Wireless has entered into an acquisition agreement with Alltel. The deal will cost Verizon $28.1 billion; approximately $5.9 billion for the carrier and $22.2 billion for settling its debt. The merger should be completed before the end of the year, subject to obtaining regulatory approvals. This will turn Verizon Wireless into the biggest cell phone carrier in the United States, replacing AT&T, currently at the number one position.

Alltel serves 13 million customers in 34 states, including 57 rural markets that VZW doesn’t. This will help Verizon expand its coverage in larger part of the States.

source: Verizon Wireless

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posted on 20 Oct 2010, 01:42

1. (unregistered)

Can you hear me now Chad? Can you hear me now? looks like the Verizon guy isn't going to be involved with the other guys in the commercials anymore.. Looks like it is going to be Chad the Test Guy and apparently the Wizard from this point forward.

posted on 05 Jun 2008, 10:04

3. JoeyStyles (Posts: 78; Member since: 11 May 2008)

Good one lol, Damn this is big, this is super big what makes it scary is that they are both cdma and they both signed up for lte before the merger so this will be a way easy transition other than sprint nextel, good job big red good busniess move

posted on 05 Jun 2008, 19:04

39. yeahissme (unregistered)

not big news at all..... very normal.... this is only the first move in a very long game of Chess! VZW buys Alltell (Standing in the mirror felxing it's Muscles... not paying any attention) Att Buys Tmo (Says pipe down VZW... Who's your Daddy) Google buys Sprint (This will be crazy BIG.... Keep Watching!) Then Another little guy wil show up........

posted on 05 Jun 2008, 21:39

50. (unregistered)

Wow. Your head is FULL to the brim with bad information. Lets start at the beginning. - #1 Att will never buy T-mobile, T-mobile is a happy healthy company. They are a subsidiary of a European company called "Deutsche Telekom". For the record Deutsch Telekom is currently shopping "Sprint". They would never sell to ATT if they are looking to aquire sprint. - #2 Google buy Sprint??? Really?? Come on. I'm not even going to touch that one. - #3 VZW is way to busy to stand in front of the mirror and flex muscles. Being the industry leader in EVERY CATAGORY is a lot of work, and very time consuming.

posted on 05 Jun 2008, 22:27

58. nonie (unregistered)

Alltel has always been renting Verizon wireless cell sites and its not surprising that they merge. VZW has been a healthy company, they pay good salaries and provide excellent benefits to employees. AT&T is not buying T-Mobile.. maybe it could be the other way around. AT&T has filed too many bankruptcies changing its name numerous times from AT&T wireless to Cingular and back to AT&T... so whats next?? T-mobile is owned by Deutsch telecom is the biggest in Europe. The partly own a couple more companies in Asia - Singapore Telecoms and Globe Telecom in the Philippines. Sprint is going bankrupt.. so long.. VZW has dropped the deal with sprint as it owes billions of dollars. At the same time, VZW does not want to inherit the bad customer service reputation of Sprint. VZW is very particular in providing the best customer experience and spent millions of dollars developing means to provide the best for its customers.

posted on 05 Jun 2008, 22:32

60. nonie (unregistered)

There will be a new VerizonWireless commercial to be launch in July or September showing the merger of Alltel and Verizon Wireless. Chad will be one of the Test man's guys.. ..

posted on 05 Jun 2008, 22:48

67. JoeyStyles (Posts: 78; Member since: 11 May 2008)

Google buying sprint that would be one hell of a big deal, I havent heard anything about it but that would be nice just get rid of nextel. the only thing I have heard is that Tmobile Might be buying Sprint that wouldnt make any damn network sense good theroy

posted on 06 Jun 2008, 01:56

68. Viper Matrix XM (Posts: 6; Member since: 06 Jun 2008)

Heres The Truth! Alltel Was Never A Good Company! Things From Picture Messaging Not Being Able To Be Sent To The Most Networks! This Was Because The System Was Programmed Backwards! Least Coverage! Sprint/Nextel/Powersource/Virgin Mobile Are Just Above It! Also No One Has Mentioned But Does Anyone Know When You Call An Alltel Customer It Says Contacting Nextel Subscriber! Hmmm... At One Point Alltel Was Part Of Nextel Years Back! Verizon Is The #1 In Best Coverage, Service! But Not Customer Service! T-Mobile Holds That Spot! If You Total T-Mobiles Customers It Would Be #1 Actually! I've Seen The #'s They Are Hitting Their 200 Millionth Mark Soon! T-Mobile Is Better Is The U.K. They Have Better Phones & Mobile TV! Even Though Verizon Is The Best Why Do They Gotta Be So Expensive! T-Mobile Holds #1 In Best Pricing! Who Can Get 600 Anytime For 39.99 Plus, Nights & Weekends Anymore! Alltel No Longer Being A Company Is A Good Thing. Sprint/Nextel/PowerSource/Virgin Mobile/Helio Is A Bad Company, Worst Customer Service & Not Enough Coverage. T-Mobile Holds #2 For Best Coverage Because AT&T's Map Is Smaller! Compare It To Sprint! AT&T Loves To Charge You! They Have The Most Features That Are Separate! AT&T Customer Service Is Irritating! I'd Either Be A T-Mobile Customer Or Verizon Customer But Since Verizon Is Too Expensive Like $50 More A Month! I'd Choose T-Mobile! Even Though They Just Started Rolling Out 3G Which Means I'd Have To Use EDGE, I'd Still Stick To T-Mobile! They Replace My Phones For Free! Who Agrees!?

posted on 06 Jun 2008, 13:38

75. (unregistered)

Wow! Viper Matrix, YOU KNOW NOTHING. All personal convictions with NOTHING to support your claims.

posted on 06 Jun 2008, 16:22

80. DamonO (unregistered)

Sorry, I don't even want to begin to read that. There's a reason why there are lower case letters and capitals.

posted on 06 Jun 2008, 20:31

86. rsa (unregistered)

I assume the viper has not call t-mobile customer service in a long time, because it took me 5 calls to get a credit for a charge that they should not be there in the first place, and they were not any response why they could not credit just because, and I ask for a mgr she behave worse than the customer service rep that myself the customer have to come her down, if that is what you a calling good customer service I think you should try Verizon wireless, the manager name susie left me powerless like the money that I paid every month I owed to them...another thing is you pay for what your get, if you go to purchase a car and you see a BMW and KIA obviously they will both give you good service but was service would be more reliable? that is Vz wireless compare to T-mobile.

posted on 08 Jun 2008, 18:49

107. (unregistered)

wow, ur pretty dumb lol. This must be a regular jo shmo consumer.

posted on 09 Jun 2008, 08:29

113. polo (unregistered)

ha its funny viper mentioned that t-mobile gives him free phones. With verizon i haven't yet have to pay for a phone and i am on number 18 in twp and 3 months of service with verizon.

posted on 09 Jun 2008, 15:12

115. (unregistered)

actually i know a guy on the inside and T mobile is planning on buying sprint and att will be buying US Cellular... IT will get very interesting

posted on 10 Jun 2008, 12:17

118. yeahissme (unregistered)

Change you user name to A-Hole!!! You couldnt find the begining if you tried.... Keep working at your Kiosk in the mall and I will cash the checks that you make for me!!! Verizon gets all of the respect here because they are the biggest and they have the strongest network! They do have time to stand in the mirror, and rightfully so! The writing ha been on the wall for Sprint for about 3 years. It's almost as if you didnt read anythign until i posted my comment... LOL! That is fine that you feel that my head is filled to brim with bad innformation. You can stop pricing phones, chasing customers, and cleaning the glass at your Kiosk when your information alone makes you the money that mine has made me. Google will out bid Deutsch Tel we all know that.... AS quiet as is is kept Deutsch is looking to unload. Watch and learn ROOKIE! PS... Sorry but you will probably get replaced by some hot chick that sells half but brings more traffic!!! LMAO...

posted on 12 Jun 2008, 11:10

121. (unregistered)

Wow you basicly just made a complete and utter fool of yourself. T-Mobile holds what? Would you like to provide me with some legitimate evidence supporting that claim?

posted on 28 Oct 2008, 11:36

123. (unregistered)

Are you stupid? Alltel has always been renting Verizon wireless cell sites and its not surprising that they merge???? Ok did you know that Alltel is the larget owned and operated cell phone carrier in the US? plus Verizon and Alltel arent even the #1 for each others roaming. They are #2 preferred. And verizon pays Alltel several million a year for verizon customers to travel on Alltels network. Alot more than what Alltel pays verizon. The reason Alltel makes the money they have been making is mostly because of their roaming revenue.

posted on 05 Jun 2008, 10:03

2. (unregistered)

I remember asking my boss why we hadnt bought out Alltel since it was kind of like a mini verizon anyways. That was about 9 months ago. Both companies do a great job with customer care and their service, it really does make sense. The next move is expanding the broadband service to everywhere so undoubltably this plays a huge role in the rural areas.

posted on 05 Jun 2008, 22:33

63. (unregistered)

I am a verizon customer but verizons customer cares sucks.

posted on 06 Jun 2008, 16:02

78. (unregistered)

yea which is why it has been ranked number 1 for the past few years

posted on 07 Jun 2008, 01:08

88. (unregistered)

no tmobile was

posted on 07 Jun 2008, 14:00

90. (unregistered)

Where have you been? Verizon is always rated #1 in care

posted on 07 Jun 2008, 18:53

94. (unregistered)

TMobile is #1 in care. Read a little, will ya?

posted on 07 Jun 2008, 22:34

95. (unregistered)

no sprint is!!!!!!!!!!!

posted on 08 Jun 2008, 12:11

103. (unregistered)

NO ALTELL IS!!! haha no seriously everyone knows T-mobile always takes the cake for customer service. VZW is very close though and has way more to offer so I still pick them in the big picture

posted on 08 Jun 2008, 18:52

108. (unregistered)

i actually work for the carrier, and im sorry you feel that way. Although i pride myself in being a good rep, we cant help those of us that have additudes and arent are good. We weed those people out believe me!!

posted on 10 Jun 2008, 17:39

119. (unregistered)

acutally tmobile and verizon tied in most of JDPs 6 regions, Tmobile "edged" verizon out overall. but if you look at the breakdowns tmobiles gets their cust sat on pricing and vzw gets it on network quality

posted on 05 Jun 2008, 10:11

4. (unregistered)

Dont worry Alltel you may be losing your 20 friends but you are getting 67 Million more! welcome to the club

posted on 05 Jun 2008, 19:41

42. ddsindy (unregistered)

Alltel's "My Circle" plans are better than any crap that Verizon offers. My Circle allows calling to anyone on any phone. Who cares about 67 million users if you don't call any of them?

posted on 05 Jun 2008, 21:45

51. (unregistered)

I would argue that sometimes paying a little more is better in the long run. If your company gives to much away for free (My circle" Then one day a streamlined more successful version of that company comes along and buys your company and teaches it how to hack it in the business world.

posted on 06 Jun 2008, 07:07

69. lalalala (unregistered)

Hey wanna know why the "my circle" is soo nice. Because you'd be lucky to find enough of your friends that have alltel to not get docked on your minutes each month. Not too hard to figure out. Either way the most reliable network just got better!!

posted on 08 Jun 2008, 18:54

109. (unregistered)

where did "my circle" get alltell? no where!! cause you cant charge people pennies and really support your network.

posted on 05 Jun 2008, 10:41

5. phonekindom (unregistered)

i really dont understand it. will alltel be getting better phones like the ones verizon has? because if so then this is a great move. Jus as long as they dont keep that VERIZON UI. I hate that sh*t

posted on 05 Jun 2008, 21:47

52. (unregistered)

Alltel will BE Verizon. Your store will say Verizon, your phone will be verizon, and there will be NO MORE annoying missleading "chad the retarded alltel guy" commercials.

posted on 06 Jun 2008, 19:04

83. (unregistered)

Verizon is on a major rol with the merge with Alltel. And yay No More Chad that guy sux. After the merge is complete Alltel will no longer Exist. I had alltel and it was horrible.

posted on 05 Jun 2008, 11:31

6. thephoneguru (unregistered)

wooooooooooooooooooot bow down att. dude the next cdma network vzw will prolly buy is going to be sprint cuz there strugllin

posted on 05 Jun 2008, 11:51

8. (unregistered)

Why would VZW want to buy a company thats struggling. Alltel is doing well for themselves but I dont thinks its in the cards for them to buy Sprint =)

posted on 05 Jun 2008, 18:29

38. (unregistered)

Sprint is poison at te moment but don't be surprised if a foreign company decides to pick them up with the weak dollar. VZ was smart to pick up Alltel. Since the big metro's are all taken the next battle will be in the rural areas. AT&T took step one with the purchase of CellularOne. Not as big as the Alltel purchase but still a step in the right direction. If Alltel would have been GSM you know dam well big blue would of bought them long ago. There are two things that have surprised me over the years in this business. the first being how long Alltel lasted in this battle of the titans. The second was before Alltel went into the private world is why didn't they make a play for Sprint. THey sure as hell had the money. As small as that company was they sure as hell had some cash at their disposel..

posted on 05 Jun 2008, 21:54

54. (unregistered)

Yeah VZW will also never get regulatory approval to buy sprint. That would make them a monopoly.

posted on 05 Jun 2008, 22:36

65. (unregistered)

vzw should buy sprint then verizon would have nextel push to talk and that would be goodfor them and then verizon would be the best and no one could stop them!

posted on 06 Jun 2008, 13:42

76. (unregistered)

Poster #8... Uh, that's what non-struggling companies do A LOT. They buy companie that are struggling. Do you read? Did you go to college?

posted on 06 Jun 2008, 17:36

82. (unregistered)

Verizon is about to release a new push to talk network. Once that is complete there is NO reason they should even think about buying Sprint.

posted on 06 Jun 2008, 19:06

84. (unregistered)

I would have to agree. Sprint dropped alot of customers last year just because they kept call the customer service to much. I was dropped also. Thats why I moved to Verizon and I love my verizon service. Sprint has been going down ever since they made a deal with Nextel. in 2005

posted on 05 Jun 2008, 11:33

7. steviecrackberry (unregistered)

Now the VZW guy has Chad where he wants him...

posted on 05 Jun 2008, 12:02

9. (unregistered)

i'll stick with GSM and AT&T thank you very much... there are many more "cool looking" gsm phones, and i can just swap the SIM card in 2 secs.

posted on 05 Jun 2008, 12:04

10. (unregistered)

Hope you don't lose your phone...and the SIM card with it. It's hard to lose an ESN.

posted on 05 Jun 2008, 12:08

11. (unregistered)

fool. if you lose your sim, goto your local at&t or t-mobile store and get another sim for 20 bucks. they are programmable. read a book.

posted on 05 Jun 2008, 12:28

12. (unregistered)

I would hate for you to lose or damage your phone as well. In your case, you may NOT be able to recover your numbers.

posted on 05 Jun 2008, 12:55

14. (unregistered)

wow and that was subtle??? Cpt Obvious??? anonymous' mom???? Do you have a day job? oh stay at home mom... Now that was subtle... did you get it???? Or do I need to break it down for you??

posted on 05 Jun 2008, 13:13

15. (unregistered)

Bottomline, this is huge news. Regardless of this acquisition, however, AT&T's savvy phones and the ability to use your GSM phone in any country will still make AT&T much more appealing than Verizon for a lot of people. AT&T's phone line up is strong, now they just have to do the same thing for their signal strength and network speeds. Anyway, good job Verizon. This is just the beginning of a long battle for the Big 2.

posted on 05 Jun 2008, 14:00

17. (unregistered)

Verizon is MUCH more appealing than at&t. I will NEVER go back to at&t. Such a tiny percentage of Americans travel overseas regularly that it DOES NOT MATTER about using your phone in any country. Why does everyone try to hang their hat on this?

posted on 05 Jun 2008, 17:54

33. (unregistered)

Verizon's 4G network is going to be SIM (LTE). So once that happens in 2009-ish you can't keep using the same old sim card argument. And second... Verizon curently offers free backup assistance to its customer that backs up your contacts every night at midnight on the network so you will never loose them. In the end it will be Verizon and AT&T. Both great but with different stregths.

posted on 05 Jun 2008, 18:03

34. (unregistered)

I would have to agree with you. They are both great companies but each fit different groups. No carrier can be perfect in every area.Too bad you could design a carrier to have the best of both. I do think the sim idea is still the stronger way. If CDMA carriers were smart they would figure out how to do something in the way of sim. I know there has been trials but as of now not one has done anything with it.

posted on 05 Jun 2008, 21:53

53. (unregistered)

CDMA: You lose your phone, call the company and have it suspended if you are nowhere a store. Simple. GSM: Lose your SIM card, someone else gets it, they got your info and service by sticking it in another device. It takes time to get to a store to program another SIM. By that time, they got all your info. And the winner is .... CDMA.

posted on 05 Jun 2008, 21:59

55. (unregistered)

I think its a little late to say AT&T is more apealing that VZW because it works in other countries. If VZW just passed AT&T, doesn't that mean the people have spoken? They just elected VZW as most appealing buy doing more business with VZW. Even without the alltel purchase VZW would have cought up this year, maybe early next year.

posted on 07 Jun 2008, 15:01

91. (unregistered)

And change your ESN for free in like 5 minutes.

posted on 07 Jun 2008, 15:03

92. (unregistered)


posted on 07 Jun 2008, 16:50

93. (unregistered)

Wrong -- a sim card takes all of 1 minute to program. After working with BOTH at&t and T-mobile over the last 6 years, it's really rather easy. Plug the sim card number in, click ok and the customer is on their way. Shame on the customer for not calling if they've lost their sim and/or phone and didn't call it in for a long time.

posted on 08 Jun 2008, 00:23

96. (unregistered)

um...you can call the company and suspend your service just the same with GSM....ur dumb

posted on 08 Jun 2008, 02:48

99. (unregistered)

verizon offers 3models of phones that are GSM!!!! check out the web site

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