The Biggest Telecom deal Ever Made-Vodafone to buy Alltel 28M(USD)
Posted by seshdotcom on June 9, 2008
On Thursday in a press meeting Verizon said that it would buy Alltel for $28.1 billion,including 22.1$ in debt,Verizon Wireless Said that the Equity value of the deal would be $5.9 billion,VERIZON WIRELESS is a Service Provider company in which 55% of the Shares are owned by Verizon and 45% of the Shares are Owned by Vodafone Group…The Alltel company was actually owned by TPG Capital Group and Goldman Sachs(GS) and they made the deal for 27.5 Billion USD…
THIS ACQUISTION WOULD BE THE BIGGEST TELECOM DEAL SINCE AT&T Mobility bought Bellsouth in 2006..And if this deal is completed Successfully then VERIZON/VODAFONE will have the 67.2 Million customers and will become the Largest Wireless Carrier
THANKS:Business India
Sesha Utters 
Amado Grant Anderson said
This is great stuff, thanks for having the blog and putting details like this on it. Those of us with no writing skills really appreciate it. Believe me.
seshdotcom said
Hey Anderson Thanx for your comments..
ringtones for alltel said
I have to agree with post that after leaving AT
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