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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; melodie.warner@dowjones.com

Stock News for Atlantic Tele-network (ATNI)
DateTimeHeadline
05/22/201510:34:15Statement of Changes in Beneficial Ownership (4)
05/20/201510:58:18Atlantic Tele-Network to Speak at Stephens Spring Investment...
05/06/201516:12:24Quarterly Report (10-q)
05/06/201515:13:47Statement of Changes in Beneficial Ownership (4)
04/30/201514:17:27Zacks Downgrades Atlantic Tele-Network to Hold (ATNI)
04/29/201506:03:26Current Report Filing (8-k)
04/28/201517:20:00ATN Reports First Quarter 2015 Results
04/28/201514:05:42Proxy Statement (definitive) (def 14a)
04/20/201516:06:26Atlantic Tele-Network Sets Date to Report First Quarter 2015...
04/02/201515:49:48Statement of Changes in Beneficial Ownership (4)
03/30/201515:06:03Statement of Changes in Beneficial Ownership (4)
03/30/201512:03:06Statement of Changes in Beneficial Ownership (4)
03/30/201512:00:45Statement of Changes in Beneficial Ownership (4)
03/30/201512:00:16Statement of Changes in Beneficial Ownership (4)
03/24/201514:25:06Statement of Changes in Beneficial Ownership (4)
03/24/201509:44:36Statement of Changes in Beneficial Ownership (4)
03/23/201516:09:46Statement of Changes in Beneficial Ownership (4)
03/23/201516:09:18Statement of Changes in Beneficial Ownership (4)
03/23/201510:57:14Atlantic Tele-Network Board Declares Quarterly Dividend
03/19/201514:26:39Statement of Changes in Beneficial Ownership (4)

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