Verizon’s Purchase of Alltel Has Been Approved

By Chris - 10/30/2008 8:20:53 PM



The Department of Justice has just approved Verizon’s purchase of Alltel. That makes Verizon only the largest carrier in the USA right now, leaving AT&T behind. In order for Verizon to be allowed to keep Alltel, the company will have to divest itself from 100 local markets in 22 states to keep things competitively correct.

Following the Department of Justice is the FCC who has to give it’s ok on the purchase. We’ll keep you updated next week. November 4 is the day Verizon will be waiting for.

via Engadget

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Tags: Alltel, fcc, Verizon



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