Verizon Wireless Completes Purchase of Cellular One of Northeast Pennsylvania
BASKING RIDGE, N.J., March 14, 2012 /PRNewswire/ -- Verizon Wireless today announced it has purchased the operating assets of Cellular One of Northeast Pennsylvania from United States Cellular Corporation. Financial terms are not being disclosed.
Verizon Wireless will continue to use the Cellular One of Northeast Pennsylvania brand for the next several months as it works to convert the existing wireless network to Verizon Wireless specifications. Customers do not need to take any action at this time. For now, there are no changes to customers' calling plans, devices, or service.
"We look forward to expanding our brand presence and network coverage in northeast Pennsylvania and in welcoming Cellular One's customers to the nation's most reliable wireless network," said Mario Turco, president of Verizon Wireless' Philadelphia Tri-State Region.
The purchase includes Cellular One of Northeast Pennsylvania's cellular spectrum license and related operations in Wayne and Pike Counties in Pennsylvania. The license covers a population of 114,000. The service area covers the major traffic corridors through northeastern Pennsylvania, including Interstate 84, State Highways 6 and 402. This market serves the Poconos which is a popular summer and winter vacation destination for the New York, New Jersey and Philadelphia metro areas, all of which are within a 2 hour drive.
Attractions include numerous mountain lakes for boating and fishing, the largest being Lake Wallenpaupack, as well as a number of ski resorts, camp grounds and over 40 youth summer camps.
Since the company was formed in 2000, Verizon Wireless has invested more than $1.4 billion on improvements to its network in Pennsylvania, and more than $70 billion nationwide, to increase the coverage and capacity of its premier nationwide network and to add new services.
About Verizon Wireless
Verizon Wireless operates the nation's largest 4G LTE network and largest, most reliable 3G network. The company serves nearly 108 million total wireless connections, including 92.2 million retail customers. Headquartered in Basking Ridge, N.J., with nearly 82,000 employees nationwide, Verizon Wireless is a joint venture of Verizon Communications (NYSE, NASDAQ: VZ) and Vodafone (LSE, NASDAQ: VOD). For more information, visit www.verizonwireless.com. To preview and request broadcast-quality video footage and high-resolution stills of Verizon Wireless operations, log on to the Verizon Wireless Multimedia Library at www.verizonwireless.com/multimedia.
SOURCE Verizon Wireless
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