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AlltelAlltel Corporation

Type	Private (acquired by Verizon Wireless)
Founded	Little Rock, Arkansas, USA (1943)[1]
Headquarters	Little Rock, Arkansas, USA
Key people	Scott T. Ford, President & CEO
Industry	Telecommunications
Products	Wireless
Revenue	▲$8.8 billion USD (2007)
Net income	▲$183 million USD (2007)
Employees	15,000+ (2006)
Parent	Verizon Wireless
Website	alltel.com

Alltel Corporation was, until its acquisition by Verizon Wireless,[2] the fifth largest wireless telecommunications company in the United States with 14.7 million customers, Verizon Wireless had 69 Million before the merger, now they have 83.7, 69+14.7=83.7), as of the fourth quarter 2008, after AT&T Mobility, Verizon Wireless, Sprint-Nextel, and T-Mobile. [3]

At its peak, Alltel operated a network in 34 states, with a wireless coverage area comprising the largest network in the United States by area. The company focused on small to medium size cities providing wireless services to residential and business customers in all 50 states through low-cost roaming agreements with the major national CDMA carriers including Verizon Wireless and Sprint Nextel. These agreements gave Alltel customers access to nationwide service while providing those carriers coverage in rural areas.

On June 5, 2008, Verizon Wireless announced it would acquire Alltel Wireless in a deal valued at $28.1 billion. The merger was approved by the FCC on November 4, 2008, and completed on January 9, 2009. With this merger, Verizon Wireless now has approximately 83.7 million wireless subscribers and covers nearly the entire United States population[4] making it the largest network in the country by area covered and number of subscribers. However, 2.1 million of these customers will soon be divested, per the conditions of FCC and DOJ approval of the merger.

The Alltel name will eventually be retired after 65 years of business. Customers should begin seeing Verizon Wireless on their statements and other material formerly carrying the name as early as April 2009.

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