Alltel Buys out Wireless Partnerships in North and South Carolina and Buzz Technologies, Inc. / Affordable Telecommunications Technology Corporation O19 March 2006
Telecommunications industry news provided by Financial News USA (OTC: FNWU) Alltel (NYSE: AT) has purchased from Palmetto MobileNet, L.P., wireless partnerships that cover approximately 2 million people in North and South Carolina. Alltel already managed and owned 50 percent of each of the 10 partnerships and has purchased the remaining interests from Palmetto. The partnerships include 34 counties across South Carolina and seven counties in western North Carolina. This week, as the SXSW (South by Southwest) Music Conference kicks off in Austin, 15 bands are one step closer to having the opportunity of a lifetime: the chance to be the first unsigned band to launch their career on a wireless phone. From more than 4,000 bands that entered from across all music genres, 15 were selected by Verizon Wireless (NYSE:VZ) and MySpace as the semifinalists in the "Calling All Bands" contest. Buzz Technologies, Inc. / Affordable Telecommunications Technology Corporation (OTC: ATCT) officially announces that merger and change in corporate control is complete. Control of the Company now rests with Sutida Suwunnavid and the newly appointed board members. All issues regarding the merger were completed recently on and off market. The Company will now undergo the Change to Buzz Technologies Inc. BellSouth (NYSE: BLS) and FineDeering Development Group recently announced an exclusive agreement to market BellSouth as the preferred provider of communications and entertainment services for homeowners in the Sage Creek and Trolley Run Station master-planned communities. These new FineDeering developments are located in Aiken, S.C. BellSouth Corporation is a Fortune 100 communications company headquartered in Atlanta, Georgia. About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information: Financial News USA Tel: (626) 961-8041 Email: info@financialnewsusa.com
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