5 result(s) displayed (1 - 5 of 5):

Verizon and Qualcomm connect in wireless JV (from Corporate Dealmaker)

Verizon Wireless and Qualcomm Inc. (NASDAQ:QCOM) hope to capture a share of the machine-to-machine wireless communications market through a new joint venture. The 50/50 venture will work to develop smart-service technologies for the healthcare, manufacturing, utilities, distribution and consumer products industries.M2M is a growing sector that allows businesses to manage...

Posted on July 29, 2009 8:53 AM

Rumor mill: AT&T spending $2.5B on Alltel assets (from Corporate Dealmaker)

Early last week, Verizon Communications Inc. (NYSE:VZ) reported strong first-quarter earnings, pushed along by the $28.1 billion acquisition of Alltel Corp. in January by Verizon Wireless. A Reuters report, citing sources familiar with the situation, says AT&T Inc. (NYSE:T) is expected to buy 18 of 24 of Alltel Wireless assets...

Posted on May 8, 2009 4:58 PM

Verizon buoyed by Alltel; coy on iPhone deal (from Corporate Dealmaker)

Verizon Communications Inc. (NYSE:VZ) on Monday delivered a healthy first-quarter earnings report. The wireless provider reported net income of $3.2 billion, up from $3.05 billion in the same period a year ago, besting Wall Street expectations. Verizon was helped by the $28.1 billion acquisition of Alltel Corp. in January by...

Posted on April 27, 2009 12:05 PM

Verizon's Seidenberg on content acquisitions (from Corporate Dealmaker)

"When are you going to go vertical?" is a question that Verizon Communications Inc. CEO Ivan Seidenberg (pictured) hears frequently.Seidenberg said at the Dow Jones & Co. and Nielsen Co. Media and Money conference in New York that he receives queries about whether Verizon will make like the cable...

Posted on October 14, 2008 4:57 PM

Another look at that Verizon-Alltel deal (from Corporate Dealmaker)

In June, Verizon Communications Inc. announced it will buy wireless provider Alltel Corp. for $28.1 billion. The pending transaction is a case of a shrewd strategic seizing the moment -- and also a case of a couple of private equity investors (TPG Capital and Goldman Sachs Capital Partners) earning 28%...

Posted on July 8, 2008 10:53 AM