AT&T to Acquire Alltel U.S. Wireless Operations for $780 Million
AT&T announced on Tuesday morning that it has reached an agreement to acquire Atlantic Tele-Network's "Alltel" wireless operations business in the United States. The deal includes 585,000 Alltel customers in South Carolina, Ohio, North Carolina, Illinois, Idaho and Georgia, as well as highly sought after spectrum in the 1900MHz/850MHz/700MHz frequency bands. Stepping back a bit,...