media logos

Verizon Alltel merger to close today

We’ve known about it since the transaction in June, but today marks the closing of the Verizon Alltel merger. We know of a number of maneuvers Verizon had to make to get the deal done, including a number of divestitures in areas where Alltel and Verizon overlapped. It also included some asset swaps in areas where Verizon and Alltel were the primary services. So yes, as of today Verizon Wireless is the largest wireless carrier in America with 78 million subscribers. Our question: what does this mean for prepaid?

We’ve been asking this for a while, and no answer has become apparent. If Verizon reveals plans, we’ll clearly update to reflect that. As of the early a.m., though, we only know that Verizon plans to close Alltel’s Little Rock, Arkansas headquarters and move the entire operation to Verizon’s own HQ in Basking Ridge, NJ.

Losing Alltel’s prepaid plans would be a shame, but that’s what probably will happen. Gone are the 75 cents per day plans which give you unlimited mobile to mobile and unlimited text messaging (among other options). Hello are the dollar a day, 10 cents a minute rates. This cannot make Alltel U prepaid subscribers happy.