Filed under: Cellphones

The FCC hath spake: TPG Capital and GS Capital Partners (a subsidiary of Goldman Sachs), the two private equity firms looking to buy out the paradoxically national-regional carrier Alltel, have been given the greenlight. The two firms will pony up $24.7 billion (about $2050 per customers) to take Alltel, flush with cash and new customers, off the public market, with the expectation of closing the deal by November 22nd and paying some $71.50 cash per share to current shareholders. Two words: cha-ching.
[Via MoCoNews]
 
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Original post by Ryan Block

Filed under: Cellphones

digg_url = \’http://digg.com/apple/Apple_not_just_refusing_cash_also_refusing_Apple_Gift_Cards_for_iPhones\’; You can chalk this one up to our bad in assuming best intentions, but when Apple said no cash for iPhones, they damn well meant it — enough to extend the policy out to no cash for anything that could in turn purchase an iPhone. Turns out you can’t even use your Apple bucks to buy an iPhone anymore, not even if someone bought you an Apple Gift Card with their credit card. Ok, for a lot of you this isn’t a big deal, but who gets hit hardest? Try all those teenage Apple fanboys begging various family members for small denomination gift cards that will add up to the iPhone they’ve been after. We’ve never heard any company being so adamant about keeping non-paper trail for every single damned purchase, but now we’re just left wondering how long until someone (or some state) sour [...]

Original post by Ryan Block