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Alltel recently teamed up with Transpera, a mobile video service provider and launched a new application called Alltel Social Video. The new social video app allows users to view, rate and share videos from different online sites such as GrindTV.com, Break.com, and AtomFilms. Alltel Social Video users can view videos from the websites and can also share them with friends using the ‘Send-to-friend’ feature. I think it’s like having another YouTube type app on your phone, offering another way to entertain yourself on the go.

Alltell Wireless’ director of messaging and voice services, Craig Kirkland said:

“As the mobile phone continues to evolve into a portable entertainment device, Alltel Wireless is constantly seeking ways to engage customers through their phones, as more and more are taking advantage of the video capabilities offered on their handsets.”

Of course more and more services, tends to equal more and more money, in this case the Social Video service will set users back an additional $2.99 per month.
Read [Business Wire]