Verizon Acquisition of Alltel Closes January 9 - Company to become largest wireless carrier - dslreports.com
According to Verizon filings with the SEC, their acquisition of Alltel will close on January 9. Verizon will pay $5.9 billion and acquire $22.2 billion in Alltel debt, but will be acquiring about 13 million customers -- creating the largest wireless phone company in the country, with 83 million customers (AT&T has 74.9 million, Sprint has 50.5 million, and T-Mobile has 32.1 million). Verizon has stated they will retain some call center positions after the acquisition, but many redundant positions at Alltel will be eliminated
According to Verizon filings with the SEC, their acquisition of Alltel will close on January 9. Verizon will pay $5.9 billion and acquire $22.2 billion in Alltel debt, but will be acquiring about 13 million customers -- creating the largest wireless phone company in the country, with 83 million customers (AT&T has 74.9 million, Sprint has 50.5 million, and T-Mobile has 32.1 million). Verizon has stated they will retain some call center positions after the acquisition, but many redundant positions at Alltel will be eliminated
