There's a lot of posturing and ego-inflating at the very highest levels of the US' wireless industry; AT&T had been the biggest provider until Verizon swooped in and bought Alltel, and we imagine that the new number two has been plotting its counterattack ever since. Of course, this kind of endless tit-for-tat acquisition game is an Alien vs. Predator-style "whoever wins, we all lose" scenario, since the end result is inevitably less competition and more Big Wireless (we just coined that term, and yes, you're free to use it). Anyhow, the popular buzz today is that AT&T is taking a serious look at Leap Wireless -- which owns the Cricket brand, the regional that's offering $40 / month unlimited -- on account of both companies mysteriously canceling appearances at a pair of investment conferences over the next week. It's mega-speculative at this point, but the move would certainly make sense considering the overwhelming popularity of cheap unlimited plans right now and AT&T's presumed desire to get back in the king's throne, wouldn't it?

Virgin Mobile's sundry networks around the globe are a curious hodgepodge of locally-owned and Virgin-led ventures; in the States, for example, a bunch of random companies have skin in the game, including Sprint and SK Telecom. Up in Canada, the MVNO began life as a 50 / 50 joint venture between Bell and Virgin -- and Bell has now agreed to snap up Virgin's stake in the firm for CAD $142 million, which works out to about $121 million. To make sure the brand stays around for a good, long time to come, Bell has also announced that it has secured an "exclusive, long-term" licensing deal with Virgin to use the Virgin Mobile marque. It sounds like Bell has every intention of continuing to operate Virgin Mobile as a separate entity, though it'll combine some retail efforts and work to streamline operations by jointly acquiring handsets and the like. Considering that Bell's about to flip the switch on its HSPA network, it seems like this could end up working out swimmingly for Virgin subscribers up there.

[Via MobileSyrup]

In order to get the FCC to agree to Verizon's massive acquisition of Alltel -- the US' 5th-largest carrier -- it had to agree to some pretty serious concessions, including divestitures in a whole slew of markets to ensure that the competitive spirit remained intact. The "transaction" (as Verizon calls it) closed on January 9, and the resulting mega-carrier was given until May 9 -- a week from Saturday -- to finish spinning off the required markets. Well, as we all know, companies this large aren't known for their agility, and sure enough, Verizon is asking for just a little more time to dot its i's and cross its t's. A "Request for Extension of Management Period" has been filed with the FCC on behalf of the companies asking for another 60 days, which means the divested markets would be up and running outside of Verizon's control by July 8 of this year. Verizon blames "the sheer size and complexity of the divestitures coupled with the current economic conditions" for the request, but seriously, can't they just throw this all up on eBay for, say, a 5- or 7-day auction and be done with it? No? [Warning: PDF link]

So, how does one successfully snatch away market share from Telstra and Optus? If you're Hutchison or Vodafone, you merge! Announced today, two of Australia's smaller operators have decided that an equal joint venture would be the best approach to moving on up, and while they aren't suggesting that the current economic conditions influenced the decision, many analysts are suggesting that the tie-up could help the newly formed VHA fend off adverse effects from slowed spending on mobile communications. Once together, the combined group will have a local market share of around 26 percent, and Hutchison Australia's current chief executive, Nigel Dews, has been chosen to lead the new venture. Under the agreement, VHA will market its products and services under the Vodafone brand, though it will retain exclusive rights to Hutchison's "3" brand in The Land Down Under.

[Via MobileBurn]

Following a good half year of courtship while the regulatory miscellany ran its course, Verizon's finally ready to take the plunge and call this $5.9 billion deal done. The combined juggernaut will amass a staggering 78 million subscribers, putting it roughly 3 million ahead of its closest rival, AT&T, though it'll do so at the cost of assuming some $22.9 billion in Alltel debt. Ultimately, the merger means some positions at Alltel headquarters in Little Rock, Arkansas will get axed -- but hey, AT&T Mobility HQ's just a stone's throw away in Atlanta, so Verizon's headcount loss could ultimately be AT&T's gain.

[Via Phone Scoop]

Man, this one has been a bumpy ride, and oddly enough, it's not even over. Well, it's over, but not over. The back-and-forth over whether or not BCE would be bought out has come to an abrupt halt, as auditor KPMG "determined that the company-to-be wouldn't pass a solvency test required as a condition of closing the deal." On the table was a $42.75-a-share cash offering by a group led by the Ontario Teachers' Pension Plan, but all that's lost now. According to BCE Acquisition Group: "Because KPMG has concluded that a required test for the solvency opinion was not met, this mutual condition to completion of the acquisition could not be, and was not, satisfied." Here's where things get wonky; BCE is now vigorously attempting to procure a $1.2 billion "breakup fee" that the Teachers group doesn't agree with. We're still waiting to see if BCE will initiate litigation, but you can bet said Teachers organization ain't scared.

[Via mobilesyrup]

Yep, it's a done deal. On the same day Nokia chose to unveil its new flagship N97, the outfit also announced that it had "completed its offer to acquire software company Symbian Limited." As of now, "all conditions to Nokia's offer to acquire Symbian Limited have been satisfied and it has received valid acceptance of greater than 99.9% of the total Symbian shares that Nokia did not already own." Nokia's not saying much else about the changeover just yet, but we are told that every last Symbian employee is expected to wear a Nokia badge come February 1, 2009.

This one's been a long time in the making, but the deal is finally done. Clearwire and Sprint Nextel have gleefully announced that the transaction to combine their next-generation wireless internet businesses is complete, and beers are on the two of 'em this evening. On the real, the agreement dictates that Sprint hand over all of its 2.5GHz spectrum and WiMAX-related assets (including XOHM) to Clearwire; additionally, Clearwire has received a $3.2 billion cash infusion from Comcast, Intel, Time Warner Cable, Google and Bright House Networks. Details beyond that are scant, though we are told that the terms "originally announced on May 7, 2008" are the ones being abided by, and the new company will retain the Clearwire name and its Kirkland, Washington headquarters.

Earlier in the summer, some words from Verizon chief Ivan Seidenberg led us all to believe that he wanted his firm to take full control of Verizon Wireless. Now, Vodafone CEO Vittorio Colao has made clear that his outfit had precisely zero plans to sell its 45% stake in VZW, though he did mention having an "open mind" about the future of said stake. Just in case that wasn't definitive enough for ya, he stressed that staying put was "the best thing" for Vodafone right now, and given just how many Storms are flying off of US shelves, we can't stand to disagree.

[Via mocoNews]

We've been hearing about a possible SK Telecom-Sprint tie-up since July of 2007, but if either firm ever hoped to actually tie the proverbial knot -- well, let's just say that ship has sailed. Given the weakening economy and the general tendency to resist taking risks right about now, the Korean giant has dropped its plans to partner with Sprint in any form or fashion. In related news, Sprint is looking to hop on the quickly expanding layoff bandwagon, but given its humongous Q3 loss, we suppose that's not totally illogical. We're told that the carrier is offering "voluntary buyout packages" to an unspecified number of employees, which is far more awesome than the "thanks, now get the hell out of here" line that's being handed down by so many other firms. Crazy times, we tell you.

[Via Boy Genius Report]

For those who stick to one coast or the other, you may have never even heard of Centennial Communications. Not to worry, though, as AT&T just made said company entirely more relevant. Shortly before heading out of the office on Friday, AT&T decided it fitting to acquire Centennial for a few bucks shy of a billion, or $944 million for those seeking precision. The transaction will beef up AT&T's coverage for customers in rural areas of the Midwest and Southeast United States, not to mention in Puerto Rico and the US Virgin Islands. As always, the acquisition must first pass regulatory approval, the approval of Centennial's stockholders and "other customary closing conditions" before the little guy's 1.1 million subscribers officially make the shift, but we certainly don't expect that to be an issue.

[Via The New York Times, thanks to everyone who sent this in]

Following the DOJ's approval last week, the FCC has voted unanimously today to approve Verizon's acquisition of Alltel, promising to create a CDMA network of insane proportions that'll eclipse AT&T to become the US' largest wireless carrier. Like their fellow feds over at the DOJ, the FCC guys attached some conditions to the approval, including a requirement that Verizon continue to honor Alltel's existing roaming agreements for four years -- presumably in an effort to protect and appease rural carriers who've been solidly against the merger all along. This'll almost certainly lead to some job losses in the Alltel camp, but look on the bright side, guys: you just might have a crack at that wild LG VX9600 now.

[Via Phone Scoop]

The suits at the Department of Justice just green-lighted Verizon's planned acquisition of regional rival Alltel, moving the two CDMA giants closer to a marriage that would easily eclipse AT&T to become the largest wireless carrier in North America. There's a catch, though, and a rather hefty one at that -- Verizon has to agree to divest itself of some 100 local markets in 22 states to keep the competitive landscape in action; given that they've already indicated a willingness to shed some markets to seal the deal, it probably won't be an issue. The next hurdle for Vertel (or Allzon, depending on how you roll) will come on November 4, when the FCC votes on whether it'll bless the deal. As for the rumors that Verizon is now eligible to get Alltel at a 50 percent discount with a $1 billion mail-in rebate if it agrees to a two-year contract, we're not hearing any comment from either side.

Funny story -- we pretty much heard this exact same rumor floating around last August, but given the current economic situation, we're inclined to believe this one a good bit more. A recent Reuters report is pointing out that RIM (like practically every other company right about now) is ripe for the picking, and any outfit with a serious load of cash reserves could get themselves quite a bargain. Given that the Redmond mega-corp has shown interest before (and clearly has plenty of Greenbacks), we were particularly interested in Canaccord Adams analyst Peter Misek's quote: "I'm fairly certain [Microsoft] has a standing offer to buy [RIM] at $50 a share." If you'll recall, RIM's stock sat at $148 per share just four months ago, and now, it's hovering around $60. As expected, Microsoft had no comment on the report, but don't be surprised to see something go down if Wall Street keeps hemorrhaging.

[Via Electronista]