Latest Alltel Stories

SOUTHFIELD, Mich., Jan. 27, 2011 /PRNewswire/ -- Verizon Wireless announced today it invested more than $221.3 million in 2010 to enhance its network in Michigan. The enhancements included building 45 new cell sites, upgrading equipment on more than 600 existing cell sites to increase coverage and capacity of the company's voice and 3G high-speed wireless network and prepping the backbone of the network for deploying 4G LTE across the state. "While our company is focused on continuing to...

BASKING RIDGE, N.J., Jan. 26, 2011 /PRNewswire/ -- The biggest sporting event of the year, a rare moment in natural history, expanded coverage in mountain states - Verizon Wireless' ongoing enhancements to the nation's largest and most reliable 3G wireless network continue to touch customers and bring key moments to life. Football fans, nature lovers, skiers and snowboarders rejoice. Last week alone, Verizon Wireless enhanced its 3G network across the country, from the site of the big game...

NEW YORK, Jan. 25, 2011 /PRNewswire/ -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) has positioned itself to "kick into a higher gear as we go forward," Lowell McAdam, Verizon president and chief operating officer, told investors and analysts at a conference today. The conference included a discussion of the company's 2010 results and a strategic and financial overview of 2011 and beyond. McAdam said: "Verizon's superior asset base gives us a solid foothold in growth markets for...

NEW YORK, Jan. 25, 2011 /PRNewswire/ -- 4Q HIGHLIGHTS Consolidated 93 cents in diluted earnings per share (EPS), including 39 cents per share in net non-operational gains, compared with 22 cents in EPS (as adjusted) in 4Q 2009, including 28 cents per share in non-operational charges.Continued cash flow growth in quarter, contributing to $33.4 billion in cash flow from operations in 2010 and $16.9 billion in free cash flow (non-GAAP).Wireless 7.7 percent increase in service revenues from 4Q...

NEW YORK, Jan. 21, 2011 /PRNewswire/ -- Verizon Communications Inc. (NYSE, Nasdaq: VZ) announced today that it has adopted a new policy that changes the method of accounting for pensions and other post-employment benefits (OPEB). The improved policy recognizes gains and losses in the year they are incurred, rather than amortizing them over time. Under the new method, annual adjustments will be made to reflect actual return on pension plan assets, changes in discount rates and differences...

TAMPA, Fla., Jan. 13, 2011 /PRNewswire/ -- Verizon Wireless, the nation's leading wireless company with the largest, most reliable 3G network, announced today that it invested $195 million during 2010 in Florida to further enhance wireless services and network coverage for its customers across the state. The 2010 investment included the continued enhancement of the company's industry-leading 3G network, as well as the initial rollout of the most advanced 4G LTE (Long-Term Evolution)...

WALNUT CREEK, Calif., Jan. 12, 2011 /PRNewswire/ -- Wireless calling, text messaging and surfing the Web on the Verizon Wireless high-speed 3G network is now easier and faster for residents and travelers thanks to a new cell site in Sacramento, California. The site expands 3G wireless coverage and capacity in Sacramento along East Levee Road, West Elkhorn Boulevard, Sorento Road, Del Paso Boulevard, Ascot Avenue, Club Center Drive, and Regency Park Circle. The company's ongoing network...

RENO, Nev., Jan. 12, 2011 /PRNewswire/ -- Wireless calling, text messaging and surfing the Web on the Verizon Wireless high-speed 3G network is now easier and faster for residents and travelers in northern Nevada, thanks to a new cell site in Winnemucca. The site expands 3G wireless coverage and capacity along Powerline Road, Grass Valley Road, Herschell Road and Baines Road. The company's ongoing network investment in Nevada now totals more than $550 million. Since the company was formed,...

RENO, Nev., Jan. 12, 2011 /PRNewswire/ -- Wireless calling, text messaging and surfing the Web on the Verizon Wireless high-speed 3G network is now easier and faster for residents and travelers in northern Nevada, thanks to a new cell site in Reno. The site expands 3G wireless coverage and capacity around the Washoe Golf Course and along Skyline Boulevard, Plumas Street, and West Moana Lane. The company's ongoing network investment in Nevada now totals more than $550 million. Since the...

WALNUT CREEK, Calif., Jan 12, 2011 /PRNewswire/ -- Wireless calling, text messaging and surfing the Web on the Verizon Wireless high-speed 3G network is now easier and faster for residents and travelers in San Joaquin County thanks to a new cell site in Vernalis, California. The site expands 3G wireless coverage and capacity in the Vernalis area, including Highway 33. The company's ongoing network investment in California now totals more than $5.7 billion. Since the company was formed,...