Another Merge?

Effendi · 01-03-2006, 09:41

Alltel Negotiating To Extend Sale Pact For Austrian Unit

Alltel Corp. said its Western Wireless International Austria Corp. unit is negotiationg to extend the agreement covering its planned EUR1.3 billion, or $1.54 billion, sale of tele.ring to T-Mobile International.

The deal was signed Aug. 10 and can be terminated Tuesday by either party if no extension is reached.

Alltel believes it will reach an extension agreement. If not, the Little Rock, Ark. wireless company said it will explore options with other interested parties. Either way Alltel expects to sell the business by mid year.

-Ian Salisbury; 201-938-5400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

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Effendi (Offline) The great Dictator! Prepaid Prophet Posts: 2,487 Join Date: 13 Jan 2004 Location: Trieste/Trst Country:	01-03-2006, 09:41 Alltel Negotiating To Extend Sale Pact For Austrian Unit Alltel Corp. said its Western Wireless International Austria Corp. unit is negotiationg to extend the agreement covering its planned EUR1.3 billion, or $1.54 billion, sale of tele.ring to T-Mobile International. The deal was signed Aug. 10 and can be terminated Tuesday by either party if no extension is reached. Alltel believes it will reach an extension agreement. If not, the Little Rock, Ark. wireless company said it will explore options with other interested parties. Either way Alltel expects to sell the business by mid year. -Ian Salisbury; 201-938-5400; AskNewswires@dowjones.com (END) Dow Jones Newswires Working Prepaids: IT: Wind, Vodafone IT, UNO Mobile; SM: Prima; UK: 3, Virgin; INT: TravelSIM, Truphone. Deceased Prepaids: CZ: Oskar, Eurotel; SK: Orange; DE: E-Plus, Aldi, Simyo; GE: Geocell; AM: Armentel; PL: Heyah, Plus; LT: Tele2; LV: Amigo; EE: Elisa; UA: Kyivstar; NZ: Vodafone; INT: UM, UM+, ICQSim. GSM/3G Phones: Nokia Lumia 630 dual sim