Reactions Are Mixed On Verizon’s Day-Old $28.1 Billion Acquisition Of Alltel


A day after Verizon Wireless surprised everyone by quickly scooping up Alltel (NYSE: AT) for $28.1 billion, reactions are mixed on what it will mean for Alltel customers, what it means for Verizon’s debt load going forward, how government regulators will react, and how it will affect the rest of the industry. Here’s a round-up of the thoughts and opinions:

— Verizon Emphasizes Wireless: UBS analyst John Hodulik told clients in a note that wireless will now represent 55 percent of revenues for Verizon Communcations, reported Forbes. “In any acquisition, one of the biggest risks facing Verizon is that Alltel

Comments are closed.