Shares in rural wireless provider Alltel surged more than 6% on Monday after it agreed to a $25 billion buyout by TPG Capital and the buyout arm of Goldman Sachs in one of the largest-ever private ...

Alltel agreed to sell to one team of bidders on Sunday. TPG Capitol and Goldman Sachs will buy the carrier, including assuming its debt, for $71.50 per share or about $27.5 billion. The companies ...

Bellevue-based Western Wireless reached a deal last night to be acquired by Alltel for $4.4 billion — a move that will uproot yet another wireless company from the Puget Sound area. Executives from ...

LITTLE ROCK, Ark. – Alltel Corp., the nation’s fifth-largest wireless carrier, was taken private Friday to complete a $24.7 billion buyout by two private equity groups. The deal earlier won approval ...

With so many telecom stocks bumping along at single-digit levels, value investors are tempted to take a closer look at this beaten-down sector. These stocks are nothing if not cheap, and some of them ...

Why is Christian Science in our name? Our name is about honesty. The Monitor is owned by The First Church of Christ, Scientist, and we’ve always been transparent about that. The church publishes the ...

Alltel was bought by Goldman Sachs Group and TPG today in a $27.5bn deal that stands as the telecom industry's largest ever leveraged buyout. Shares were up 6 percent before the open of business, ...

Verizon Wireless said Friday it has completed its $5.9 billion purchase of Little Rock, Ark.-based Alltel Corp., making Verizon the nation's largest mobile phone company. Verizon said Friday it will ...

Verizon Wireless' $28.1 billion acquisition of regional carrier Alltel Wireless is finally complete, making the combined company the largest wireless carrier in the United States. Marguerite Reardon ...

LITTLE ROCK — Scott Ford, chief executive officer of Alltel Corp., earned almost $194 million last year in income and other pay in connection with the Little Rock telecommunications company's sale to ...