In an earlier post, I mentioned that Verizon Wireless has until May 9 to sell off the Alltel network, spectrum, stores and customers in Montana. Based on an article in Fierce Wireless, it looks like we may have to wait a while longer to find out who is buying the Alltel assets in Montana, as Verizon Wireless has filed for an extension with the FCC. They are requesting a new deadline of July 8."The sheer size and complexity of the divestitures coupled with the current economic conditions" were listed as reasons for the requested delay. Verizon has apparently been working with over 70 prospective bidders.
In my completely unqualified opinion, this requested delay would seem to indicate that Verizon Wireless is leaning towards selling the former Alltel markets to multiple, smaller buyers, rather than selling large chunks to any one buyer. What do you think?
In the meantime, Alltel continues to be operated by a trust, independent of Verizon Wireless.





