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• Alltel is a recently privatized telecommunications company based in Little Rock, Arkansas. They were purchased by TPG Capital and GS Capital Partners for $27.5 billion. Since they were founded in 1943, their network has spread throughout 34 states. In November 2008, the FCC voted to allow Verizon to purchase Alltel for $28.1 billion.

• Fast Facts

  1. Annual revenue (2007): $8.8 billion US
  2. Founder(s): Charles Miller and Hugh Willbourn, Jr
  3. Year Established: 1943
  4. Industry: Communication Services
  5. Personal Phone: 800-ALLTEL-1 ( 800-255-8351 )
  6. Business Phone: 888-4AT-BIZZ ( 888-428-2499 )
  7. HQ: Little Rock, Arkansas
  8. President and CEO: Scott T. Ford
  9. Other key people: Jeffrey Fox,Sharilyn Gasaway and Richard Massey
  10. Staff: 15,000+ (2006)
  11. Products: Telecommunications

• Key Dates

  1. 1943: Alltel founded
  2. 1983: Allied Telephone and Mid-Continent Telephone merged
  3. 1985: Released first wireless system
  4. 1993: Opened first wireless store
  5. 1997: Wireless and wireline businesses combined
  6. 2000: Began sponsoring Ryan Newman
  7. 2005: Announced they were going to become a wireless only company
  8. 2006: Alltel and Valor Telecom merged to create Windstream Communications
  9. 2007: Sold to TPG Capital and GS Capital Partners
  10. 2008: Sold to Verizon

• Services

  1. Axcess Family Finder
  2. My Circle
  3. U Prepaid
  4. Alltel Wi-Fi
  5. Alltel Voice2TXT
  6. PhotoCopter

• Related Pages on Mahalo

  Cell Phones | Cell Phone Deals | Goldman Sachs

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