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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; [email protected]

Stock News for Atlantic Tele-network (ATNI)
02/23/201715:33:47Current Report Filing (8-k)
02/22/201717:36:16ATN Reports Fourth Quarter and Full Year 2016 Results
02/15/201710:15:47ATN International to Speak at Raymond James & Associates’ Annual I...
02/13/201714:47:56ATN International Sets Date to Report Fourth Quarter and Full...
02/10/201708:21:59Amended Statement of Ownership (sc 13g/a)
02/09/201710:37:50Statement of Ownership (sc 13g)
02/07/201708:41:02Amended Statement of Ownership (sc 13g/a)
01/30/201712:06:43Annual Statement of Changes in Beneficial Ownership (5)
01/27/201709:22:54Amended Statement of Ownership (sc 13g/a)
01/27/201709:11:00Annual Statement of Changes in Beneficial Ownership (5)
01/19/201717:30:55Amended Statement of Ownership (sc 13g/a)
01/06/201715:10:05Annual Statement of Changes in Beneficial Ownership (5)
12/12/201615:40:11ATN Board Declares Quarterly Dividend
11/25/201614:46:40Amended Current Report Filing (8-k/a)
11/09/201617:01:40Quarterly Report (10-q)
10/27/201606:04:05Current Report Filing (8-k)
10/26/201617:02:00ATN Reports Third Quarter and Nine Month 2016 Results
10/17/201614:36:46ATN International Sets Date To Report Third Quarter 2016 Results
09/23/201616:45:22Statement of Changes in Beneficial Ownership (4)
09/19/201617:16:05Amended Current Report Filing (8-k/a)

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