Monday, May 11, 2009

AT&T Purchases Alltel in South Dakota

AT&T
Friday, AT&T announced they bought the Alltel properties that Verizon Wireless was required to divest under the agreement with the U.S. Government. This means AT&T will be coming to North and South Dakota.

I know there will be a burst of iPhone sales in the Sioux Falls area. I know many technology minded people will upgrading or making the switch. All current Alltel customers will need a new phone when the cut-over from CDMA to GSM takes place.

From AT&T's press release:

AT&T* today announced a definitive agreement to acquire wireless assets from Verizon Wireless for $2.35 billion in cash. Under terms of the agreement, AT&T will acquire wireless properties, including licenses, network assets and 1.5 million current subscribers in 79 service areas, primarily in rural areas across 18 states. Verizon Wireless is required to divest these properties as part of the regulatory approvals granted for its purchase of Alltel earlier this year. The states represented are: Alabama, Arizona, California, Colorado, Iowa, Kansas, Michigan, Minnesota, Montana, Nebraska, Nevada, New Mexico, North Dakota, South Dakota, Tennessee, Utah, Virginia and Wyoming.

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