AT&T to Boost Coverage in Rural Areas with $780M Alltel Acquisition
Alltel operates in Georgia, Idaho, Illinois, North Carolina, Ohio, and South Carolina, covering mostly rural areas on the 700MHz, 850MHz, and 1900MHz bands. For AT&T, this means expanded coverage for its users in areas with a total of 4.6 million potential customers.
Alltel HQ
The deal, of course, must be approved by the FCC and Department of Justice before it goes through; assuming there are no regulatory hiccups to deal with, the process is expected to be complete in the second half of this year.