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AT&T to buy Alltel for $780 million
2013-01-22 17:00:05| InfoWorld: Top News
The parent company of Alltel, a mobile telephone network serving rural customers in six states, has agreed to sell the business to AT&T for about $780 million, Atlantic Tele-Network announced Tuesday.The all-cash transaction will give Alltel customers access to a nationwide 4G mobile network, a larger selection of mobile devices and additional retail locations, said Michael Prior, Atlantic Tele-Networks CEO. Many of the company's employees will benefit from new career opportunities at the larger company, he added.
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Category:Information Technology