Verizon wraps up acquisition of Rural Cellular

August 7th, 2008 by

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It’s taken more than a year, but Verizon has just officially announced that it has completed its purchase of Rural Cellular, which you may also know by its business name, Unicel. This latest announcement follows a conditional approval from the FCC earlier this week, which required one of the two companies to sell licenses in six markets in order to “improve competition” — a compromise Verizon seems to have been more than willing to accept. All told, Verizon will be forking over $2.66 billion in cash and assumed debt for the company, which will increase its customer base by more than 625,000, and expand its coverage area by 4.7 million people, including markets in Maine, New Hampshire, Massachusetts, Alabama, Mississippi, Minnesota, North Dakota, South Dakota, Wisconsin, Idaho, Washington and Oregon.

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Posted in acquisition, merger, verizon, verizon wireless, VerizonWireless, purchase, rural cellular, RuralCellular, unicel | No Comments »

Apple quietly enables movie purchases from Apple TV

May 1st, 2008 by

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We can’t say we’re too terribly fond of purchasing movies on a proprietary set-top-box (à la VUDU), but for those with no real attachment to physical media, Apple’s looking to hook you up. Aside from announcing that day-and-date DVD releases were coming to iTunes, Cupertino has also enabled its Apple TV to purchase full-length films; prior to today, users could only rent them for a window of time. Details are pretty scant at the moment, and we’re not even sure if HD films can be purchased (or if a premium is added on), but feel free to fire up your box and let us know how it goes in comments below.

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Posted in Apple, apple tv, AppleTv, movie, atv, movie purchase, MoviePurchase, online movies, OnlineMovies, purchase | No Comments »

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