Wireless provider acquired by Verizon in 2008

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Possible Answers: ALLTEL.

Last seen on: Premier Sunday – King Feature Syndicate Crossword – Apr 22 2018

Random information on the term “ALLTEL”:

Systematics Incorporated was a data processing company acquired in 1968 by Arkansas superinvestor Jackson T. Stephens. In 1990 it was sold to Alltel Corporation, and today is a part of Fidelity Information Systems.

Fidelity Information Systems still uses the name ‘Systematics’ as the name of a retail banking software product suite.

Systematics employees have held two reunions, most recently the 40th Anniversary Reunion in 2008. Pictures from both reunions and current information about former employees is available at the website – www.sireunion.org.

Systematics was founded in 1968 by University of Arkansas graduate Walter Smiley, who learned of the high software costs and other difficulties faced by small banks in trying to use data processing software from his experiences working with IBM and in the banking industry. Smiley recognized a niche that could be filled for medium-sized banks in this space, and sought funding to start his own company. Through Jon Jacoby, Smiley was introduced to the Stephens family, who agreed to invest $400,000 in Walter and Systematics in return for 80% equity stake.

ALLTEL on Wikipedia