Tag archive: Lowell McAdam

Something smells foul. AT&T's biggest rival, Verizon, has gone on record supporting the merger. Though the company has stayed neutral since the merger talks began, Verizon CEO Lowell McAdam now says that AT&T's proposed $39 billion merger with T-Mobile is inevitable and okay. “I have taken the position that the AT&T merger with T-Mobile was kind of like gravity,” said McAdam at an investor conference this… Read More

Verizon Wireless has announced it plans to acquire U.S. regional mobile operator Alltel in a transaction valued at $28.1 billion. In geographic terms, Alltel's service area is one of the largest in the United States, encompassing areas of 34 states in the southeast, midwest, and northern plains regions of the country, including many rural areas not currently served by Verizon. Although Alltel only handles about 13 million subscribers,… Read More

From Verizon's press release: On May 24, 2004, Americans from coast to coast can switch their wireless service provider without changing their telephone numbers. Known as local number portability (LNP), this event requires wireless service providers to cooperate for the good of the customer - from the national wireless carriers to the smaller regional players in the industry. Verizon Wireless, the nation's leading wireless… Read More