Alltel posts healthy profits, customer growth numbers
By Darren Murph 
posted Oct 22nd 2007 6:41PM
posted Oct 22nd 2007 6:41PM
Although those Chad-based commercials may be unnerving, something is sure working for Alltel. Reportedly, the carrier added 205,000 subscriptions in the most recent quarter, which is "double the year-ago increase," and it also noted that the rate at which it lost customers fell to just 1.9-percent. Furthermore, the outfit raked in some $283 million in profits -- a fine sum compared to the $187 million garnered this time last year. As for the buyout, it suggested that it was expecting a "favorable FCC vote to come soon," meaning that the "takeover by TPG Capital and GS Capital Partners should be completed by the end of the year."
How long do you think it'll be before Verizon or AT&T buy them out to eliminate the competition?
..either way, it looks like the price just went up.