World VoIP Database

Nov 18, 2005 — NEW YORK (Reuters) - Leading rural telephone operator Alltel Corp. on Friday said it would buy Midwest Wireless Holdings for $1.075 billion to add new customers and expand its wireless telephone network.

The deal, which gives Alltel 400,000 customers in markets next to its existing operations, follows its $4.5 billion purchase of Western Wireless earlier this year.

Analysts said the deal made sense for Alltel, the fifth-biggest U.S. wireless firm, as it looks to expand in the competitive market, dominated by four national operators.

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