alltel 05 all telannual

In 2005, Alltel achieved solid financial results as it transitioned from an integrated wireless and wireline company to separate wireless and wireline businesses. Revenues grew 15% led by a 24% increase in wireless revenue. Earnings per share increased to $3.87. The company also increased its dividend for the 45th consecutive year. Going forward, the wireless and wireline businesses will operate independently to maximize value for customers and shareholders.