Alltel

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