Finance / AT (ALLTEL CORP)

AT&T to buy rural phone co Centennial for $944 mln NEW YORK (Reuters) – AT&T Inc (T.N) plans to buy rural phone company Centennial Communications Corp (CYCL.O) for $944 million in cash to expand its wireless network in Puerto Rico and other regions of the United States. The deal, which the two companies announced on Friday, comes amid a wave of mergers in the rural telecoms industry, ...

  Recs: 1 Sprint....moving up.....WiMax..... TELECOM STOCKS Sprint, phone stocks sizzle higher By Jeffry Bartash , MarketWatch Last update: 11:19 a.m. EST Nov. 3, 2008 WASHINGTON (MarketWatch) - Sprint Nextel Corp. soared as much as 25% to lead phone stocks higher in Monday trades. Equipment stocks were mixed....

Quote: Originally Posted by mobileista ASHINGTON -- The pending merger of Verizon Wireless and Alltel Corp. has prompted the Federal Communications Commission to take a renewed look at foreign-controlled assets in other wireless phone companies, a development that could impact T-Mobile USA. The FCC on Oct. 17 sent a letter to T-Mobile, ...

  Recs: 0 Debt Ridden: The story of the BCE deal G&M Debt Ridden: The story of the BCE deal Theresa Tedesco, Chief Business Correspondent, Financial Post Published: Saturday, September 27, 2008 As the BCE Inc. privatization draws to a close -- should the buyers pull it off -- it will be a deal signed in one era, and closed in another. An eye-popping leveraged ...