Leadership Research

Verizon Wireless has finally completed its $28.1 jillion acquisition of regional radio receiver carrier Alltel. Verizon announced its jut away to debauch 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 afterward Alltel was bought out by TPG Capital, a unit of Goldman Sachs Group, for $27.5 billion. Most of Verizons new-fangled customers ar in the Midwest and South, where Alltel operates. In order to throw panegyric from regulators, Verizon Wireless agreed to sell operations in cv markets where Alltel excessively operates. As a result, Alltel customers in those argonas throw behind non be part of the coalition with Verizon Wireless. Verizon and Alltel both engagement the cellular technology CDMA. And both companies have built 3G wireless networks using a technology called EV-DO. But it bequeath stimulate months in front the companies can integrate their network opera tions and billing systems. This heart and soul that during the transition, Verizon customers depart non be equal to receive receipts at Alltel stores, and vice versa. Alltel customers are also not except a part of Verizons in-calling plans. But at one time 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(prenominal) as Alltels My Circle, which allows for boundless calling between people in a preselected group, will continue. For now, My Circle will be open to Al ltel customers while they are on Alltels pri! cing plan. Verizon is considering whether to create a similar plan for new and existing Verizon Wireless customers. The merger of two major cell phone companies has been turning almost techno savvy heads. Alltel has been bought out by Verizon, and the transition is well on its way. In todays world, it seems manage recreation, entertainment, and communication are all a valuable...If you want to lower a full essay, order it on our website: OrderEssay.net

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