Verizon Wireless to buy a portion of Centennial Comunications from AT&T
A funny thing happened on the way to acquisition. The two largest carriers in the US, Verizon Wireless and AT&T, have commanded and conquered some smaller carriers and are now seemingly sharing the spoils. As already reported, AT&T announced on Friday that it will purchase a substantial portion of Verizon’s divested Alltel assets. On the same day, AT&T also announced that it will be selling certain portions of Centennial communications to Verizon Wireless as AT&T seeks final regulatory approval for the its acquisition of the small, rural carrier. Verizon will pony up $240 million for Centennial assets that include nearly 120,000 current subscribers in five service areas across Louisiana and Mississippi. In the end, we have AT&T buying assets from Verizon and Verizon buying assets from AT&T while T-Mobile and Sprint are nowhere to be found.
In simple terms: AT&T will acquire licenses, network assets and 1.5 million wireless subscribers in 79 service regions. The subscribers are mostly in rural areas across 18 states.
http://www.marketwatch.com/news/story/ATT-buy-Verizon-Wireless-assets/story.aspx?guid={B5090A2F-ED1C-4FB5-82E8-C4FD8D734B44}
It will be the CDMA network in the US islands and the Rico more than likely.
I get the feeling later on (years) Verizon will buy Sprint and At&t to buy t-mobile and we will have the 2 giants battling it out to the end.
The Winner- my carrier- Verizon Wireless… ding…ding…ding lol
ATT isnot going to sell the part of puerto rico to big red. Big blue need the 3g data of centennialpr for his clients. Anyway big red leave the market of puerto rico 2 years ago and sell it to claro.
@Richie
At which point Dr. Evil will travel the world in a submarine full of semen:)
@ gokmengs
LOl
…wow are those pom-poms and a short mini-skirt? Bend over honey… lol!
T-mobile will buy out At&t!
@DavidThande,
LOL TMobile is not even a competitor to AT&T. Why do you think AT&T does not try to be price competitive with TMobile or offer the same features? They compete with Verizon, because those two own the US cellular market. TMobile has always had the best customer service and the lowest prices, but yet can’t touch AT&T and Verizon which most people say have bad customer service and higher prices. TMobile right now cannot touch AT&T.
You are saying that because you personally, are a fan of TMobile. And there is nothing wrong with that because the best carrier is the one that supports your needs and your market. But the numbers nation wide say otherwise.
I agree. Ive had them all and they all suck EXCEPT VERIZON. They have the best customer service and the best coverage. ATT has incompetent billing dept. Suncom scams you by not getting the 10 your in list correct and shuts you down 3 times per month then when you cancel they try and stick you with 200.00 contract violation fee. Xcingular was so bad on customer service you had to take a full day off work waiting on hold. Now that Verizon has the unlimited plan with no contract for 50.00 pr month they will clearly dominate.
@Richie,
No, that will not happen. The FCC won’t allow it. That is why part of the condition of the Verizon/Alltel merger was to sell portions of Alltel to AT&T so they would not seem a monopoly. The trade commission would stop such purchases. That is the reality.
I think (kidding btw) is ATT will be broken up by the FCC into state sized baby companies who will buy eachother calling themselves bellmobile. Then Tmobile will buy the newly formed Bell mobile companies and change its own name to ATT. Just like on the Colbert Report.
This makes it seems like the US is made of just 2 carriers. What happen to Sprint and Tmobile?
I love people talking shit about Sprint and T-Mobile, both of whom have the most spectrum for next generation networks in more markets then ATT and Verizon do. Sure Verizon has 700Mhz, that’s nice, Sprint has 2100/2500 and T-Mobile has 1700/2100…ATT still has to reuse the 850/1900 for next gen…dead.
Oh and yes Verizon has Voda, T-Mobile has DT, who the hell does ATT have? T-Mobile likely will buy out ATT one day if anything, and Verizon Sprint.
I don’t think big red is going to buy sprint maybe a asian carrier.
@ chris cox
Verizon has tha worst CS ? You used to bitch how wonderfull theur service is, only the prices are keepping you from jumping ship, so make up your mind. Never mind that JD power, consumer reports say otherwise.
I stay with sprint has better coverage in puerto rico. Big red I was with them they bad really bad in there cs.
The uncertainty over the real donie, and the impostor, makes me smile. Can the real one please stand up?
Joe I believe the real one goes by Mr. Cantone now. Other than we’d have to do a DNA test….let’s go on Maury!!
further proof that laws don’t apply to the carriers in the us: their ability to get approval of acquiring each other’s assets, even though they are first in terms of market share in the gsm and cdma worlds respectively.
Verizon still will neglect wifi
Posted from BGR Mobile (iPhone) at: Columbus United States
Puerto Rico is CDMA for Centennial Wireless.
I know that’s vzw cdma ATT need the 3g data for the Iphone here they only have edge.
Read up on your spectrum auction facts…VZW is the largest winner in the next gen networks.
T-Mobile its kicking ass in Puerto Rico. $39.99 Unlimited Voice Plan to PR and all USA.
….. Don’t let a company lile at&t and veryzon and sprint take your pocket…. :p
And its has exelent signal
People will keep changing to T-Mobile as time goes by….And buy out At&T with its very expensive ass well as sprint and… Veryzon Prepareb your self.
To Veryzon and At&t I say…Be more fair, and lower your prices.. Be more like tmobile :p stick tothether people
T-mob is fine but they don’t have 3g in all areas in puerto rico and openmobilepr is better than claropr and t-mob in signal.