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June 6, 2008, 4:22 PM
Filed under: BROADCAST/CABLE | Tags: Alltel, United States, us, Verizon, Verizon Communications, Verizon Wireless, Vodafone, WIRELESS
Filed under: BROADCAST/CABLE | Tags: Alltel, United States, us, Verizon, Verizon Communications, Verizon Wireless, Vodafone, WIRELESS
Verizon Wireless pulled the trigger on its deal to acquire Alltel in a cash merger valued at $28 billion that will make Verizon the leading carrier in the U.S. with more than 80 million subscribers. The merger should be good news for Alltel customers, giving them access to Verizon’s robust V Cast content and speeding the roll-out of faster wireless broadband services. Regulators are expected to insist that Verizon maintains service in rural Alltel areas as a condition of the merger. (Cynopsis 6/6)
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