Alltel Wireless today announced that customers with video-capable phones now have exclusive access to Alltel Social Video, a new application that allows customers to share and rate videos from a wide range of online outlets. To deliver the application, Alltel Wireless has teamed with Transpera to provide the platform to monetize Web video on mobile phones.

Customers can subscribe to the service for $2.99 per month and access videos from sources such as Break.com, AtomFilms and GrindTV.com.  After viewing the videos, customers have the option to rate the video or share the content via the “Send-to-Friend” feature.  In addition, customers can search for videos across channels, create custom playlists and manage distribution lists.