Quick Facts
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Verizon Wireless Purchases Cellular One Of Northeast Pennsylvania

RELATED NEWS
Trade VOD now with 
3/14/2012 6:46 PM ET

Verizon Wireless, a joint venture of Verizon Communications and Vodafone, Wednesday said it purchased the operating assets of Cellular One of Northeast Pennsylvania from United States Cellular Corp.

Verizon Wireless will continue to use the Cellular One of Northeast Pennsylvania brand for the next several months as it works to convert the existing wireless network to Verizon Wireless specifications.

"We look forward to expanding our brand presence and network coverage in northeast Pennsylvania and in welcoming Cellular One's customers to the nation's most reliable wireless network," said Mario Turco, president of Verizon Wireless' Philadelphia Tri-State Region.

Click here to receive FREE breaking news email alerts for Vodafone Group Plc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Confidence among Australian consumers declined sharply in May to its lowest level since August 2012, driven largely by negative responses to the Federal Budget, a survey by Westpac and Melbourne Institute showed Wednesday. The index of consumer sentiment fell 7 percent in May to 97.6 from 104.9 in April. This is the lowest reading since August 2012. Data-storage products maker NetApp Inc. said Tuesday after the markets closed that its fourth quarter profit fell 4% from last year, hurt mainly by higher operating expenses even as revenue grew slightly. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations, but its quarterly revenue fell short of analysts' forecast. Analog Devices, Inc. said that its second quarter profit rose slightly from last year, helped mainly by lower income tax expenses even as revenue declined 2%. The company's quarterly earnings per share, excluding items, came in line with analysts' expectations. However, the company forecast third quarter revenue and earnings below analysts' current consensus estimates.
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.