Rural wireless carrier Alltel is continuing to buy up smaller regional carriers, having just inked a deal to
purchase Midwest Wireless following its acquisition of Western Wireless earlier this year. The Midwest deal is much
smaller then the $4.5 billion buyout of Western: Alltel will spend a billion and change to pick up Midwest’s 400,000
customers. Even after the wave of purchases, Alltel will still be a distant fifth in the US wireless industry, behind
Cingular, Verizon, Sprint Nextel, and T-Mobile.
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