phonescoop.com - 12/10/2008
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The last potential roadblock standing between Verizon Wireless and its planned acquisition of Alltel has been cleared with approval of the deal by the Federal Trade Commission. The FCC and Justice Department have already approved the acquisition, which will ... (follow link to read)
tech.yahoo.com - 12/10/2008
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tech.yahoo.com —
- Verizon Wireless expects to begin deploying next-generation
LTE (Long-Term Evolution) wireless broadband within a year, a...
top executive of the carrier said Tuesday. "We expect that LTE will actually be in service somewhere here in the U.S. probably ...
(more)
Verizon Aims for LTE Deployment in 2009 (PC World) by ...
biz.yahoo.com - 12/10/2008
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biz.yahoo.com —
NEW YORK (AP) -- The Federal Trade Commission
has removed the last regulatory hurdle for Verizon Wireless'...
purchase of Alltel Corp., which will create the country's largest wireless carrier, the agency said Wednesday. The FTC's antitrust regulators ...
(more)
Verizon Wireless-Alltel deal gets FTC clearance: ...
verizonwireless.com - 12/5/2008
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Verizon and Alltel get the go-ahead from FTC
Boy Genius Report —
... issues (Verizon is, after all, divesting 100 markets in the US to comply with the FCC). Now after receiving the seal of approval from the FCC, Justice Department and FTC, Verizon is hoping to finalize the deal by late this year or early next year. Verizon surely has its work cut out for it as it’s forking over that $5.9 billion and taking on Alltel’s $22.2 billion in debt - but hey, at least Big Red can claim to be the largest network in the country now.
[Via Phonescoop]
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