Looks like Verizon is talking with Alltel in a possible buyout of the company. Alltel is America’s 5th largest carrier, so this would really give Verizon a boost in terms of subscriber numbers. The deal is said to cost Verizon around $27 billion – not exactly chump change.

According to Reuters : “Alltel was sold to private equity firms TPG Capital and GS Capital Partners, the buyout arm of Goldman Sachs for about $25 billion on November 16. Including debt, the price was about $27.5 billion.”

The Verizon Alltel Merger was of course denied by both parties, but that doesn’t mean they aren’t discussing it behind closed doors. Alltel, has been doing very well lately making this an irresistable offer for bigger cell phone companies. More details coming soon.

LG Glimmer features the sleek form factor of an LG Shine slider, but adds an exciting and attention-grabbing 2.8″ haptic touchscreen.

LG Glimmer Features

1. Digital Camera – 2.0-Megapixel Camera (1280 x 960 Pixel Resolution Max), Flash, 5x Digital Zoom, PictBridge Software
2. Streaming Multimedia Support – Yes, Supports Axcess TV and Axcess Shop, With Alltel Add-On Feature
3. MP3 Player – MP3, WMA, AAC and AAC+ Files, Playlists, Album Art, External Controls, USB Storage
4. Bluetooth Wireless Technology – Yes, v1.2, Supports Headset, Handsfree, HFP, PBAP, HSP, FTP, BPP, GOEP, SDAP, DUN, OPP, SPP Profiles
5. Video Capture / Camcorder – Yes, QCIF Quality (176 x 144 Pixel Resolution Max), Up To 30-Seconds Long, 15 Frames Per Second
6. GPS Services Support – Audible Turn-by-Turn Directions, Map Location And More With Alltel Navigation Feature
7. Bluetooth Stereo Headset (A2DP) – Yes, Stream Stereo Music To and From Compatible (A2DP) Bluetooth Devices
8. Data Capable / Use This Phone As A Modem – Connect to Any PC Via USB (Sold Separately) or Bluetooth With Alltel Wi-Fi Feature

LG Glimmer Reviews at phonearenaOn the front is the 2.8” diagonal 240×400 pixel touch-sensitive TFT display with 262K color support. As with other LG phones that incorporate a touchscreen, the one on the Glimmer is pressure sensitive, meaning that you can use your finger, the included stylus, or even a pen cap as the input method. It operates well and has a useful calibration setting to increase accuracy, but does not allow you to adjust the sensitivity level directly.

LG Glimmer Reviews at wireflyThe Glimmer combines the best of both worlds – an external touchscreen interface and a full, slide-out keypad. Add a music player, a 2.0-Megapixel camera with expandable memory slot, and GPS, and the LG Glimmer for Alltel is at the cutting edge.

LG Glimmer Reviews at cnet The LG Glimmer is a stylish phone with a really smart concept, combining a touch-screen display plus a slider keypad. It has excellent features, including GPS navigation, EV-DO support, and a 2-megapixel camera.

LG Glimmer Reviews at pcworldThe Glimmer is not an iPhone killer, but in most respects it isn’t trying to be. It’s a good-looking phone with a handy (if imperfect) touch screen and a host of impressive features.