Alltel steps up efforts to sell itself - WSJ
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Alltel Corp.  has stepped up  efforts to sell itself to carriers such as AT&T Inc. ,  Verizon Communications Inc.  and Sprint Nextel Corp.  , said people familiar with the matter, as the Little  Rock, Ark.-based wireless company tries to chart a new future,  The Wall Street Journal reported.
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A series of mergers has transformed the communications marketplace in the space of five months, producing a handful of giants capable of delivering an all-in-one package of phone and Internet services to businesses and consumers alike.
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With news of eBay's Skype-related losses besmirching the VoIP provider's reputation, the company has been making aggressive moves in search of profits to get back on Wall Street's good side.
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In an attempt to spark growth in its Net phone service, AT&amp;T has turned to cable companies to pitch the technology to more consumers.
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Bankrupt cable operator Adelphia Communications Corp. (ADELQ.PK: Quote, Profile, Research) , which is mulling a sale of its assets, on Tuesday said it will accept offers for
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ServiceMaster Co. , which has faced higher costs while struggling to retain customers, said on Tuesday it was considering putting itself up for sale, sending shares up more than 10 percent.
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Little Rock-based Alltel will expand its wireless phone service in Connecticut, Kentucky, Mississippi, Oklahoma and Texas in a $170 million deal with Cingular Wireless.
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Rural telephone company Alltel Corp.  AT.N on Monday said it would acquire Western Wireless Corp.  WWCA.O for $6 billion in a move that will increase its  customers in the Western United States and make it the  fifth-largest U.S. wireless carrier.
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Orascom Telecom, a leading mobile operator in emerging markets, has raised the possibility that it could be sold as part of further industry consolidation.
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Sprint plans to accelerate efforts to get business customers to move to wireless and Internet services. &quot;This strategy plays to our strengths by advancing our broad portfolio of wireline and
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Alltel Corp., the sixth biggest U.S. cellular carrier, has agreed to buy Western Wireless Corp., a Northwest regional carrier which owns the Cellular One brand, for about $4.4 billion in cash and stock.
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The satellite radio provider has gotten ahead of itself, but selling now would be a mistake.
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Alltel (AT:NYSE - news - research) has agreed to pay Cingular $170 million for portions of the former AT&amp;T Wireless business in six states as part of a mandated divestiture.
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Sprint Nextel Corp , said on Wednesday it would kick off a new advertising campaign as the third biggest U.S. wireless service looks to improve the weak growth of recent quarters.
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By Virgil Larson, Omaha World-Herald, Neb.  Mar. 10--Alltel Corp. shares rose sharply Friday on new speculation that the wireless phone service is talking to potential buyers.   The stock price closed at $62.51, up $2.34 from Thursday's close. It traded as high as $63.93 Friday.
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Alltel Corp.'s proposed $24.7 billion acquisition by private- equity firms may lead to the sale of other mobile-phone providers that serve rural areas.  Dobson Communications Corp., Centennial Communications Corp., Rural Cellular Corp. and United States Cellular Corp.
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Alltel Corp. AT.N, the leading rural  telephone company, on Monday said it would buy Western Wireless  Corp. WWCA.O for about $4.4 billion to help it compete better  in the rapidly consolidating U.S. wireless industry.