ALLTEL Corporation
Industry: Communications Services

ALLTEL, with more than 10 million communications customers and $7.5 billion in annual revenues, is a leader in the communications and information services industries. ALLTEL has communications customers in 24 states and provides information services to telecommunications, financial and mortgage clients in more than 50 countries.

Business Summary
ALLTEL Corporation (ALLTEL) is a communications company that owns subsidiaries that provide wireless and wireline local, long-distance, network access and Internet services. ALLTEL's wireless segment consists of its cellular, personal communications services (PCS) and paging operations. The wireline segment consists of its incumbent local exchange carrier (ILEC), competitive local exchange carrier (CLEC) and Internet access operations. Communications support services consist of the Company's long-distance and network management services, communications products, directory publishing operations and the retained telecommunications information services operations of Alltel Information Services, Inc. that were not sold to Fidelity National.

Financial Summary
For the nine months ended 30 September 2005, Alltel Corporation's revenue increased 13% to $6.91B. Net income from cont. ops. applic. to Common rose 39% to $1.05B. Revenues reflect increased income from the Wireless business & Communication Support services. Net income benefited from higher operating margings, decreased interest expenses and presence of gain on exchange or disposal of fixed assets. Alltel Corporation is an information technology company.