The sixth largest cell phone provider has 6.2 million subscribers and uses the same CDMA infrastructure utilized by Verizon and Alltel, making an acquisition relatively easy.
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InformationWeek 6 hours ago (via feeds.informationweek.com)
When Verizon Wireless' $28.1 billion acquisition of Alltel closes, there will be no U.S. wireless networks with between 7 million and 30 million customers, and the gap between small operators and large behemoths will grow wider, according to a report by the Mobile World Briefing. There are currently seven networks with fewer than 7 million subscribers but greater than 250,000, although if AT&...
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FierceWireless 13 hours ago (via fiercewireless.com)
The FCC has provided more details on Verizon Wireless' $28.1 billion acquisition of Alltel, which will create the largest wireless operator in the country. Verizon has to divest from five additional markets in Lyon, Iowa; Muskegon, Manistee and Newaygo, Mich.; and Johnson, Tenn. The company will have 120 days following the close of the deal to divest those markets. Article
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FierceWireless 1 day ago (via fiercewireless.com)
Virgin Mobile USA announced it is eliminating approximately 45 positions in its New Jersey and California offices, slashing about 10 percent of its workforce. In a memo to employees, Virgin Mobile USA CEO Dan Schulman blamed the cuts on "continued synergies" resulting from the MVNO's transition of IT services to IBM and its $38 million acquisition of SK Telecom's troubled U.S. wireless u...
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FierceMobileContent 1 day ago (via fiercemobilecontent.com)
Another regional player is set for extinction. Earlier this month, AT&T Mobility announced plans to acquire Centennial Communications Corp. for $2.8 billion. The deal is expected to add approximately 1.
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RCRWirelessNews 1 day ago (via rcrwireless.com)
The Federal Communications Commission released details of its approval of Verizon Wireless acquisition of Alltel Communications L.L.C., including the five additional markets that need to be divested.
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RCRWirelessNews 1 day ago (via rcrwireless.com)
IMI has today announced its acquisition of dx3, the London-based digital content delivery services provider which pioneered the first legal digital music downloads in Europe
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WirelessDeveloper on 13th Nov 2008 (via wirelessdevnet.com)
THE FEDERAL COMMUNICATIONS COMMISSIONS conditional approval of Verizon Wireless acquisition of Alltel Communications L.L.C. and the merger of Sprint Nextel Corp. and Clearwire Corp.
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RCRWirelessNews on 12th Nov 2008 (via rcrwireless.com)
Virgin Mobile Q3 report shows higher than expected earnings assisted by closure of its Helio acquisition.
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MobileTechNews on 12th Nov 2008 (via mobiletechnews.com)