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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)
11/09/201516:13:43Quarterly Report (10-q)
10/29/201523:21:09Atlantic Tele-Network's (ATNI) CEO Michael Prior on Q3 2015 Results...
10/29/201506:04:40Current Report Filing (8-k)
10/28/201519:33:07Atlantic Tele-Network profits miss in mixed Q3
10/28/201517:05:00ATN Reports Third Quarter and Nine Month 2015 Results
10/28/201516:47:26Statement of Changes in Beneficial Ownership (4)
10/26/201513:05:20Statement of Changes in Beneficial Ownership (4)
10/21/201516:38:52Statement of Changes in Beneficial Ownership (4)
10/19/201509:45:00ATN Sets Date to Report Third Quarter 2015 Results
10/08/201515:26:08Statement of Changes in Beneficial Ownership (4)
10/06/201507:56:25Current Report Filing (8-k)
10/06/201507:54:05ATN to Acquire Controlling Interest in KeyTech Bermuda
10/05/201517:04:45Statement of Changes in Beneficial Ownership (4)
10/02/201517:03:11Statement of Changes in Beneficial Ownership (4)
10/01/201507:35:29Current Report Filing (8-k)
10/01/201507:31:34ATN to Acquire Innovative Group of Companies
09/21/201520:46:13ATN Board Increases Quarterly Dividend
08/10/201516:37:21Quarterly Report (10-q)
07/30/201506:02:52Current Report Filing (8-k)
07/22/201517:00:09Statement of Changes in Beneficial Ownership (4)

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