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Verizon Wireless divest some assets to complete the planned Alltel acquisition

Categories: Alltel, Verizon
By: , IntoMobile
Monday, July 28th, 2008 at 4:16 AM

Verizon Alltel

Verizon Wireless will divest some assets to meet Department of Justice approval so it could continue with its intended purchase of Alltel. The CDMA carrier agreed to sell off 85 markets across 18 states, where its services overlap with Alltel’s.

Affected areas include North Dakota and South Dakota as well certain areas in California, Colorado, Georgia, Idaho, Illinois, Kansas, Minnesota, Montana, Nevada, New Mexico, North Carolina, Ohio, South Carolina, Utah, Virginia and Wyoming.

In addition, Verizon also made commitments to the FCC to maintain the terms of existing roaming agreements with Alltel.

However, all this doesn’t mean Verizon will be able to complete the planned acquisition. The DoJ may issue further demands to Verizon to satisfy antitrust concerns.

[Via: PhoneScoop]

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Dusan Belic

Dusan has been using smartphones since their introduction and is now following the latest trends in the industry. The "convergence" is what he's most excited about, and writing about it is the next logical thing to do. He thinks that using a smartphone is what everyone who cares about their time should do. In addition to his interests in mobile phones, Dusan also loves to experiment with the latest web and mobile 2.0 services. The idea of accessing and managing your information from any device no matter where you are simply amazes him. Whether it's an online to-do list, note taking service or a video sharing social network, he's there to try it out. He admits though, he's still searching for the ultimate web-based organizational tool, which "sings" perfectly with the mobile PIM application. Dusan used to run SymbianWatch.com which later became part of IntoMobile. He lives in Serbia, South-East Europe, from where he edits the site on a daily basis.