ATN sells US retail wireless business to AT&T

Atlantic Tele-Network, Inc (ATN), the majority shareholder in Guyana Telephone and Telegraph Limited (GT&T), yesterday announced that it has completed the sale of its US domestic retail wireless business operated under the Alltel name to AT&T for approximately US$780 million.

“Earlier today (Friday), the Federal Communications Commission (FCC) announced its approval of the proposed sale,” said a press release from ATN yesterday.

“On behalf of the company, I’d like to thank all of our employees for their commitment to the