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US Cellular, Alltel Team To Sell Prepaid Service At Walmart

DOW JONES NEWSWIRES U.S. Cellular Corp. (USM) has teamed with Alltel Wireless to sell "U Prepaid" no-contract wireless service in nearly 500 Wal-Mart Stores Inc. (WMT) locations starting next month. Cellphone-service provider U.S. Cellular has been steadily losing postpaid subscribers amid fierce competition in a wireless industry nearly saturated with cellphones. Alltel Wireless is a unit of Atlantic Tele-Network Inc.'s (ATNI) Allied Wireless Communications Corp. The U Prepaid service will run on either U.S. Cellular's high-speed national network or Alltel's coast-to-coast network. Customers will be able to choose from multiple data options and plans that include unlimited talk and texting and can pick from four devices: the Android-powered Samsung Repp, the LG Attune/LG Exchange, LG Saber and the Samsung Chrono. "Teaming with Alltel to gain distribution in Walmart gives us another opportunity to be where our customers want to shop and to offer more customers a prepaid service that helps them control their monthly budgets," said Carter S. Elenz, U.S. Cellular's executive vice president of sales and customer service. Last month, Standard & Poor's Ratings Services lowered its ratings outlook for Telephone & Data Systems Inc. (TDS) and its U.S. Cellular unit to negative from stable, citing increased competitive pressure at the U.S. Cellular unit. -By Melodie Warner, Dow Jones Newswires; 212-416-2283;

Stock News for Atlantic Tele-network (ATNI)
05/27/201612:06:01Statement of Changes in Beneficial Ownership (4)
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05/10/201617:16:55Quarterly Report (10-q)
05/04/201609:22:58Current Report Filing (8-k)
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04/29/201612:46:19Proxy Statement (definitive) (def 14a)
04/28/201606:03:55Current Report Filing (8-k)
04/27/201617:09:22ATN Reports First Quarter 2016 Results
04/22/201615:26:19Statement of Changes in Beneficial Ownership (4)
04/19/201617:43:41Statement of Changes in Beneficial Ownership (4)
04/14/201613:00:00ATN Sets Date To Report First Quarter 2016 Results
04/12/201614:35:30Current Report Filing (8-k)
03/29/201616:43:18Statement of Changes in Beneficial Ownership (4)
03/29/201615:13:42Statement of Changes in Beneficial Ownership (4)
03/29/201614:00:48Statement of Changes in Beneficial Ownership (4)
03/29/201613:44:41Statement of Changes in Beneficial Ownership (4)
03/24/201615:16:03Statement of Changes in Beneficial Ownership (4)
03/24/201615:14:44Statement of Changes in Beneficial Ownership (4)
03/24/201615:14:16Statement of Changes in Beneficial Ownership (4)

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