Alltel - M&A Summary, Ownership, and Business Overview

CommunicationsCompany

Alltel M&A Summary

Alltel has acquired 3 companies of its own. A total of 1 acquisition came from private equity firms. It has also divested 2 assets.

Alltel’s largest acquisition to date was in 2005, when it acquired Western Wireless for $6.0B. Alltel has acquired in 3 different US states. The Company’s most targeted sectors include communications (67%) and business services (34%).

Alltel Ownership

Who owns Alltel?

Alltel is owned by AT&T Mobility. It was acquired on January 9, 2009.

Was Alltel formerly PE-backed?

Yes. Alltel was formerly owned by 2 private investors.

Alltel Business Overview

Where is Alltel headquartered?

Alltel is headquartered in Little Rock, Arkansas.

How many employees does Alltel have?

Alltel has 85,600 employees.

What sector is Alltel in?

Alltel is a communications company.

When was Alltel founded?

Alltel was founded in 1943.

M&A Summary

  • M&A Total Activity5
    • M&A Buy Activity3
    • M&A Sell Activity2
  • Total Sectors Invested 2
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 2

Alltel Corp.

One Allied Drive,
Little Rock, Arkansas 72202
United States,
(501) 905-8000
www.alltelwireless.com

Alltel Corp. is an owner and operator of a wireless network and has approximately 12 million wireless customers, both individuals and businesses. Alltel owns a majority interest in wireless operations in more than 100 metropolitan service areas and a majority interest in more than 200 rural service areas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 3 - - - - - 3
vol $7.1B $7.1B
Sell (0.0/yr) # 2 - - - - - 2
  5

Most Recent M&A

Company Date Value Type
Midwest Wireless 2006-10-06 1.1B USD Add-on Acquisition
Mankato, Minnesota · www.midwestwireless.com
Windstream Holdings, Inc. 2006-07-17 - Spin Off
Little Rock, Arkansas · www.windstream.com
Western Wireless Corp. 2005-01-01 6.0B USD Add-on Acquisition
Issaquah, Washington · www.wwireless.com
PMG Systems, Inc. 2001-11-15 - Add-on Acquisition
West Chester, Pennsylvania · www.pmgsystems.ca
Navajo Communications Company, Inc. 1994-10-31 - Divestiture
Cookeville, Tennessee
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications 2 (67%) 7.1B (100%) 2 (100%) -
Business Services 1 (33%) - - -
Total 3 $7.1B 2 -

By Geo

State/Country Buy Value Sell Value
United States 3 7.1B 2 -
  Washington 1 6.0B - -
  Pennsylvania 1 - - -
  Minnesota 1 1.1B - -
  Tennessee - - 1 -
  Arkansas - - 1 -
Total 3 $7.1B 2 -

Deal Values

buy # Total
> $1B 2 $7.1B
TOTAL $7.1B
Largest Western Wireless Corp.
$6.0B (2005-01-01)

M&A Connections

Deals
Acquired from
Investor(s)
33%
1 (33%)
Divested to
Strategic(s)
50%
1 (50%)

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