alltel 2Q06_Highlights

- Revenues and sales increased for ALLTEL's wireless and communications support services segments but decreased slightly for its wireline segment in both the three-month and six-month periods. - Total operating income increased 13% and segment income increased 20% for the three-month period compared to the previous year. For the six-month period, total operating income increased 13% and segment income increased 19%. - Earnings per share on a basic and diluted basis decreased year-over-year for both periods under GAAP due to higher corporate expenses and integration costs.