Alltel to Purchase First Cellular of Southern Illinois in All-Cash Deal
February 20 2006 - 1:31PM
Business Wire
Alltel (NYSE: AT) has agreed to purchase First Cellular of Southern
Illinois, a locally owned wireless provider based in Mt. Vernon,
Ill. First Cellular covers a population of 485,000 in 24 Illinois
counties and its network includes major transportation corridors
connecting population centers in St. Louis, Chicago, Indianapolis
and Evansville, Ind., and Louisville, Ky.. With this all-cash
transaction, Alltel will add wireless operations that complement
its growing presence in the Midwest. Alltel is owner and operator
of the nation's largest wireless network and has more than 10
million wireless customers. Alltel, NYSE: AT www.alltel.com
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