Reverse auctions are a ‘great idea’ that would benefit wireless b...
Reverse auctions are a “great idea” that would benefit wireless businesses, Alltel CEO Scott Ford said Tues. during Alltel’s Q4 financial briefing. “The fact that some of the ILECs don’t want” to participate “leaves us a little concerned,” he…
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said. Alltel wants all of USF overhauled, he said, predicting a “protracted battle” to do so. Alltel backs a “pilot” reverse auction focused on broadband deployment that would revamp the USF system (CD Feb 20 p10). Alltel’s revenue was about $2.09 billion, up 14% from 2005. Net income was $215.8 million, down 15%.