Leadership Research

Verizon Wireless has finally completed its $28.1 billion acquisition of regional wireless carrier Alltel.
Verizon announced its jut away to buy Alltel in June for $5.9 billion in equity, and it assumed ab knocked out(p) $22.2 billion in Alltels debt. The deal was struck only seven months after Alltel was bought out by TPG Capital, a unit of Goldman Sachs Group, for $27.5 billion.
Most of Verizons new customers ar in the Midwest and South, where Alltel operates.
In order to receive panegyric from regulators, Verizon Wireless agreed to sell operations in cv markets where Alltel also operates. As a result, Alltel customers in those argonas leave behind non be part of the merger with Verizon Wireless.
Verizon and Alltel both use the cellular technology CDMA. And both companies have built 3G wireless networks using a technology called EV-DO. But it bequeath take months in front the companies can integrate their network operations and billing systems.
This heart and soul that during the transition, Verizon customers will non be able to receive receipts at Alltel stores, and vice versa. Alltel customers are also not except a part of Verizons in-calling plans. But once the integration is complete, that will change.




And at least for the time being, Alltel customers will not be offered handsets for which Verizon Wireless is the exclusive carrier, including Research In Motions BlackBerry Storm.
And its not yet clear when or if deals such as Alltels My Circle, which allows for boundless calling between people in a preselected group, will continue. For now, My Circle will be available to Alltel customers while they are on Alltels pricing plan. Verizon is considering whether to create a similar plan for new and existing Verizon Wireless customers.

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