Tide Turns in Telecom Consolidation

Mallinson, Keith
June 2007
Wireless Week;6/15/2007, Vol. 13 Issue 11, p33
Trade Publication
The article focuses on the purchase of telecommunication company Alltel by TPG Capital and Goldman Sachs. The acquisition is valued at $27.5 billion private equity. Alltel has bulked up in wireless voice and broadband EV-DO to 12 million subscribers by separating wireless from wireline, and in 2002, it bought the wireless assets from fixed and mobile operator CenturyTel. Other buyout deals in the telecommunication sector are also cited.


Related Articles

  • The Telecom Hangup: Winning Biz to Lose It. Baar, Aaron; Solman, Gregory // Adweek;5/28/2007, Vol. 48 Issue 22, p6 

    The article provides information on the wireless telecom business. In May 2007, a group of private equity investors led by TPG Capital and the private equity section of Goldman Sachs agreed to acquire regional telecom company Alltel for $27 billion. Through 2005-2006, few pieces of regional...

  • Alltel Stretched The Wire For Telecom M&A Size. Papini, Jessica // Bank Loan Report;1/28/2008, Vol. 23 Issue 4, p5 

    The article focuses on the decision of Alltel Corp. to set the company for a leverage buyout. It seemed sensible for the company to partner with major players or go private, as it had been under consolidation. Goldman, Sachs & Co. was hired as a strategic adviser and for the financing. Alltel...

  • PRIVATE MATTERS. Hill, Kelly // RCR Wireless News;5/28/2007, Vol. 26 Issue 20, p1 

    The article focuses on the agreement for ownership of Alltel Corp., the fifth-largest U.S. carrier and major roaming partner for all four national operators. The transaction will take the company private and place Alltel's business and 12 million customers under the control of TPG Capital, the...

  • LBO To Throw New Alltel Debt To Junk Hounds. G. S. // High Yield Report;5/28/2007, Vol. 18 Issue 21, p1 

    The article reports that Alltel Corp., a wireless operator in Little Rock, Arkansas, has agreed to be acquired by TPG Capital LLC and GS Capital Partners LP for $27.5 billion. It is mentioned that the transaction will convert the public phone service provider into a private equity firm and will...

  • ShangPharma Goes Private for $173M. COLLINS, ALLISON // Mergers & Acquisitions Report;4/1/2013, Vol. 26 Issue 13, p25 

    The article focuses on private equity-backed deal to acquire ShangPharma Corp. for 173 million U.S. dollars by private equity firm TPG Capital with its science venture investment firm TPG Biotech in partnership with ChemExplorer Investment Holdings Ltd. and Han Ming Tech Investment Ltd.

  • TPG announces first fund in Chinese currency. Francis, Robert // Fort Worth Business Press;8/30/2010, Vol. 22 Issue 35, p36 

    The article reports on the efforts of private equity firm TPG Capital to create a private equity fund denominated in renminbi, the Chinese currency, called the TPG China Partners I fund.

  • Equity funds sell 19.9M Burger King shares, cut stake to 43%.  // Nation's Restaurant News;12/3/2007, Vol. 41 Issue 48, p10 

    The article reports on the selling of common stocks owned by Burger King Corp. which occurred on November 19-21, 2007. According to the U.S. Securities & Exchange Commission, the stock sales were conducted by TPG Capital, Goldman, Sachs & Co., and Bain Capital Partners which earned about $486...

  • PRIVATE EQUITY.  // Investment Dealers' Digest;4/18/2005, Vol. 71 Issue 15, p20 

    The article presents statistical information on first quarter 2005 all private equity fundraising by state/region on April 11, 2005, in the United States. Goldman Sachs & Co. raised an $8.5 billion private equity fund, the longest ever. While several bulge-bracket firms have divested themselves...

  • M&A.  // Investment Dealers' Digest;4/18/2005, Vol. 71 Issue 15, p21 

    The article presents statistical information on monthly global M&A volume as of April 11, 2005. Global M&A activity from January 1, 2005 to April 11, 2005, is 7,785 deals. Global M&A activity from January 1, 2004, to April 11, 2005, is 8,833 deals. It also provides information on global target...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics