Atlantic Tele-Network to Sell Alltel Business to AT&T for $780M

by Lance Turner  on Tuesday, Jan. 22, 2013 7:38 am  

Frank O'Mara, CEO of Allied Wireless Communications of Little Rock. (Michael Baxley)

Atlantic Tele-Network Inc. is selling its domestic retail wireless business operated by subsidiary Allied Wireless Communications Corp. under the Alltel name, to AT&T in an all-cash deal worth about $780 million.

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