Jan 09
Verizon completes Alltel acquisition, now covers 83.7 million customers as nation’s largest wireless network
Posted in: breaking news, BreakingNews, merger, Today's Chili, verizon, Verizon Wireless, VerizonWireless
As promised, Verizon and Alltel tied the knot today, in a $5.9 billion acquisition, plus $22.9 billion of Alltel debt. Combined they form the nation’s largest wireless carrier, with 83.7 customers (12.9 of those from the Alltel fold). For the time being, Alltel customers can sit tight and continue to use their devices and service plans as usual, with re-branding operations to happen Q2 and Q3 of 2009.
Filed under: Cellphones
Verizon completes Alltel acquisition, now covers 83.7 million customers as nation’s largest wireless network originally appeared on Engadget on Fri, 09 Jan 2009 10:49:00 EST. Please see our terms for use of feeds.
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