AT&T has completed its acquisition of wireless assets from Verizon Wireless. The transaction enhances AT&T’s wireless network coverage in primarily rural areas in 79 service areas across 18 states. To secure regulatory approvals for its purchase of Alltel in 2009, Verizon Wireless agreed to divest the properties.

Once network transition work is completed, the approximately 1.6 million subscribers in these service areas will have access to AT&T’s 3G mobile broadband network. AT&T expects to roll out its 3G service to all of the acquired properties.

The transaction extends AT&T’s wireless network coverage in primarily rural areas of Alabama, Arizona, California, Colorado, Iowa, Kansas, Michigan, Minnesota, Montana, Nebraska, Nevada, New Mexico, North Dakota, South Dakota, Tennessee, Utah, Virginia and Wyoming.

Over a period of approximately 12 months, AT&T will launch service on a market-by-market basis as network integration work is completed. For now, there are no changes to customers’ phone numbers, rate plans, network coverage, customer service contacts or processes for making monthly bill payments.

Under terms of the agreement, AT&T is purchasing the assets for approximately $2.35 billion in cash. The transaction primarily represents former Alltel assets, but it also includes assets from Verizon Wireless and the former Rural Cellular Corporation.

The Daily

Subscribe

WOW! Continues Growing HSD Segment

WOW! ’s broadband-first strategy continues to pay off, with 2Q21 high-speed data revenues growing by 14% to $156 million YOY. That was by far the greatest contributor to an overall boost in the operator’s

Read the Full Issue
The Skinny is delivered on Tuesday and focuses on the cable profession. You'll stay in the know on the headlines, topics and special issues you value most. Sign Up

Calendar

Sep 10
Most Powerful Women – 2021 Nominations Due: Sept 10, 2021
Dec 7
Most Powerful Women CelebrationSave the Date!
Full Calendar

Jobs

Seeking an INDUSTRY JOB?
VIEW JOBS

Hiring? In conjunction with our sister brand, Cynopsis, we are offering hiring managers a deep pool of media-savvy, skilled candidates at a range of experience levels and sectors, The result will be an even more robust industry job board, to help both employers and job seekers.

Contact John@cynopsis.com for more information.