AT&T Grabs Spectrum, Rural Subscribers with Alltel Buy
By Craig Galbraith
January 22, 2013 - News
Comments

**Editor's Note: Please click here for a recap of the biggest channel-impacting mergers in Q4 2012 or here for the biggest M&A during that time in the service provider-BSS/OSS spaces.**

AT&T has made a major play in the spectrum race.

America's second-largest carrier has a deal in place to buy Alltel Wireless for $780 million. AT&T gets all of the Little Rock, Ark.-based company's wireless properties, including retail stores, 585,000 subscribers and perhaps most importantly, spectrum licenses.

Alltel's network covers 4.6 million people in Georgia, Idaho, Illinois, North Carolina, Ohio and South Carolina — covering a lot of rural areas. The acquisition includes spectrum in three bands, all of which the carrier says complement its existing network. Atlantic Tele-Network Inc. (ATNI), Alltel's parent company, operates a retail CDMA network for its subscribers in these areas.

AT&T expects customers will enjoy a better mobile Internet experience as it upgrades the network.

Verizon Wireless spent $28 billion in acquiring the majority of Alltel Wireless operations in 2008, but the FCC required the carrier to divest about 100 of those markets in order to facilitate competition. A year later, AT&T acquired about three-quarters of those operations across 18 states.

The merger is expected to close in the second half of the year if it gets regulatory approval and meets standard closing conditions.

Follow senior online managing editor @Craig_Galbraith on Twitter.

Comments
comments powered by Disqus
Related News
News
AT&T's acquisition of Alltel was put on hold 175 days into the 180-day review.
News
The born-in-the-cloud partner and the IaaS provider helped the members-only furniture showroom
News
The transaction comes as the Geek Squad partner program has gone off the radar.
News
The wireless giant said this week that it has wrapped its purchase of Golden State Cellular from
Craig Galbraith
News
The spectrum will allow AT&T to further deploy its 4G LTE network which will accommodate the
Daniel Santa Cruz