Verizon Wireless To Buy Alltel For $28B

CWmike writes "Matt Hamblen reports that Verizon Wireless has officially announced an agreement to purchase Alltel for $28.1 billion, which would make the new company the largest wireless carrier in the U.S., with 80 million subscribers. The deal will undoubtedly provoke scrutiny by the Federal Communications Commission and the Department of Justice, they acknowledge. Who loses? 'This [deal] is another nail in the coffin for Sprint," said Michael Voellinger, an analyst at Telwares in Parsippany, N.J. 'Alltel is a highly valuable and strategic roaming partner to the top four providers, and this acquisition would put long-term pressure on pricing and terms of those arrangements.'"

Comments

uh what?

[poetmatt]

What the heck are you talking about? unsuccessful troll.

Sirius/xm was approved.

Verizon == unpleasant

[Anonymous Coward]

In my (admittedly limited) experience, Verizon execs are a bunch of arrogant tossers. After my brief experience with them I am glad I don't have to be a customer.

I blame George Bush

[Anonymous Coward]

I blame The Jew-Puppet George Dumbya Bu$Hilter Chimpy McHaliburtin
The ReThuglicans are so beholden to their Jew corporations AmeriKKKa is getting raped by them

Once Obama becomes President (if they ReThugs racists don't shoot him) we can finally kill those responsible and move you registered racist bigoted ReThuglicans to re-educaiton centers.

Vote Democrat
Vote Obama
Vote Change