AT&T To Acquire Wireless Spectrum and Assets from Atlantic Tele-Network, Inc., Enhance Wireless Coverage in Rural Areas

DALLAS–(BUSINESS WIRE)–AT&T* today announced that it has signed an agreement with Atlantic Tele-Network, Inc. (ATNI) to acquire the company’s U.S. retail wireless operations, operated under the Alltel brand, for $780 million in cash. Under terms of the agreement, AT&T will acquire wireless properties, including licenses, network assets, retail stores and approximately 585,000 subscribers.

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Alltel Finally Gets The Blackberry Torch 9850

Alltel subscribers can now get themselves a Torch 9850. It will cost $179.99 on a 2-year contract with $50 mail-in rebate. Check out www.alltel.com for more info.