AT&T Completes Alltel Acquisition

USA based AT&T has completed its previously announced acquisition of Atlantic Tele-Network’s retail wireless assets operated under the Alltel brand. AT&T acquired wireless properties in six states, including spectrum licenses, network assets, retail stores and approximately 590,000 subscribers.

The former Alltel network covers approximately 4.5 million people in mainly rural areas in Georgia, Idaho, Illinois, North Carolina, Ohio and South Carolina. AT&T purchased the wireless properties for US$780 million and plans to migrate Alltel customers to the AT&T network by the middle of next year.

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