Items tagged with acquisitions

Verizon Wireless may have completed its purchase of Alltel, but that doesn’t mean the two companies are completely operating as one yet. In fact, as you’ll recall, Verizon had to agree to sell assets in 91 overlapping markets in order to gain federal approval for its acquisition. Customers in these 91 areas will continue to receive Alltel branded service until another carrier buys the assets. In the meantime, the Alltel brand is alive and kicking in 22 states. In fact, Alltel is continuing to compete against Verizon in the 91 overlapping markets. To this end, Alltel announced an upgrade to its... Read more...