LAKE PLACID — A plan for Verizon to buy Unicel property in New York and swap it with AT&T; is still awaiting approval.
Verizon put plans in the works last July to purchase Rural Cellular Corp., including Unicel brand, in a $2.67 billion deal.
The merger was approved by Rural Cellular shareholders in October.
But the rural New York Unicel properties, including sites in the Adirondacks, will be swapped with AT&T.;
Rural Cellular operates with a different type of technology, known as GSM, and Verizon’s planned merger drew fire in November from Vermont lawmakers who saw the deal as potentially creating a monopoly in the Northeast cell-phone market.
In December, Verizon and AT&T; agreed on an “asset swap,” an exchange of property between the two telecommunications companies.
In the swap, Verizon would trade former Rural Cellular properties, “including licenses, network assets and subscribers, in the Burlington, Vt., metropolitan service area and in rural service areas in New York, Vermont and Washington,” an AT&T; release states.
Verizon would acquire AT&T; properties that were once part of Dobson Communications in Kentucky.
The transactions were signed Dec. 3, 2007, but are contingent upon regulatory approval expected to close by mid 2008.
Verizon spokesman John O’Malley would not say Friday whether Unicel towers already located inside the Adirondack Park would transfer to AT&T; or anything further about the pending deal.
“We’re moving forward on it. Until it is closer to happening, there is not much to say about it.”
Unicel had previously leased space to build a tower at the transfer station in North Hudson and was working on a deal to place a tower in the hamlet of Elizabethtown.
It also has towers sited in Lake Placid and Saranac Lake, supplying full cell-phone service to the central Tri-Lakes area.
E-mail Kim Smith Dedam at: kdedam@pressrepublican.com
Local News
Verizon swap plan still on hold
- Local News
-
-
Tornado watch in effect until 9 p.m.
The National Weather Service says severe thunderstorms with large hail are forecast, too.
-
Lake Placid man dies in motorcycle crash
Edward L. Brown, 60, was riding his 2003 Harley on State Route 9N in the Town of Black Brook when he lost control, police say.
-
New display honors Podres
Signs welcoming visitors to The Town of Moriah will soon feature Dodgers hurler Johnny Podres of Witherbee.
-
Teen on bike struck by car during downpour
Tuesday's storms also knocked out power and felled trees in Plattsburgh.
-
Clinton County legislators cut bus runs
Vote unanimous despite some beg to keep service as is.
-
Child Support Unit brings in millions
Parents who don't pay child support as ordered may find their retirements stripped.
-
Crown Point remembers on Memorial Day
After a solemn cemetery tour, 144th Memorial Day parade drew hundreds to honor those who have served and those in harm's way.
-
Keeseville residents give input on dissolution
A committee to study the proposed village dissolution offered two options.
-
CCRS wins Grammy Foundation grant
A $5,500 grant from the Grammy Foundation's Signature Schools program will provide students with greater access to multicultural music.
-
Moriah youth to compete in National Spelling Bee
Nicholas Manfred will take on 277 other spellers starting today in Washington, D.C.
-
Health Department predicts heavy tick season
People can take precautions to prevent Lyme disease infection, including wearing proper clothing, using insect repellent with DEET and checking for ticks on the body whenever in an area where ticks may inhabit.
-
Storm knocks out power in city
Power lines taken down by high winds and rain.
-
Subcommittee recommends top bidder for Horace Nye Nursing Home
After touring facilities run by the three bidders for the Essex County Facility, the subcommittee chose Centers for Specialty Care of New York City.
- May 28, 2012
-
Moriah youth to compete in National Spelling Bee
Nicholas Manfred will take on 277 other spellers starting Tuesday in Washington, D.C.
-
Clinton County legislators cut bus runs
Vote unanimous despite some beg to keep service as is.
-
Rochester teen drowns in Upper Saranac Lake
Keenen J. Green was volunteering with the Young Life group when he vanished beneath the water in Harrietstown Friday.
-
Clinton County pays off landfill debt
That means about $195,000 less in expenditures yearly.
-
Plattsburgh war widow learns husband's fate
An envelope from the U.S. Army arrived out of the blue, at last answering some of Ethel Dick's questions.
-
Tornado watch in effect until 9 p.m.
- Recent Article Comments


