Friday, June 6, 2008

The big get bigger as Verizon swallows up Alltel


The big get bigger as Verizon swallows up Alltel: "A day after the first reports of negotiations surfaced, cellular carrier Verizon Wireless has announced its purchase of smaller rival Alltel for $28.1 billion. Verizon Wireless brags that the deal will make it the largest cellular carrier in the US, eclipsing rival AT&T, which vaulted into the top spot after merging with Cingular in late 2004."

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