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Verizon’s Purchase of Alltel Has Been Approved
Author: Chris30 Oct
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
Tags: Alltel, Alltel, fcc, Mobile News, Verizon, Verizon
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4 Responses for "Verizon’s Purchase of Alltel Has Been Approved"
[...] Verizon has successfully purchased Alltel but we knew all that already. What’s new is the fact that Verizon plans to complete the acquisition by Friday, January 9th. Alltel is about to receive $5.9 million for Alltel’s 14 million subscribers. The move will finally transform Verizon into the largest U.S. carrier with 78 million customers. [...]
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[...] Verizon’s Purchase of Alltel Has Been Approved [...]
[...] Verizon’s Purchase of Alltel Has Been Approved (3) [...]
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