alltel 4Q 06_Supplement

Alltel Corporation completed the spin-off of its wireline business and merger with Valor Communications in 2006. It now focuses solely on wireless services across 36 states. The document provides quarterly and annual financial results for 2006 and 2005 for Alltel's continuing wireless operations, including revenues, expenses, operating income, earnings per share and other key financial metrics. It also notes regulatory conditions requiring the divestment of certain acquired wireless operations.