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Home > FCC Gives Greenlight for Verizon to Buy Alltel
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FCC Gives Greenlight for Verizon to Buy Alltel

November 11, 2008

By Mike Peters

The Federal Communications Commission has approved the purchase of Alltel by Verizon. Once the merger is complete, customers of both companies will have access to an expanded range of products and services, including a premier lineup of basic and advanced devices and an expanded IN Network calling community. Alltel customers also will benefit from advanced services including over-the-air downloadable music from a three-million-song library, and a network that is nationwide, for a uniform coast-to-coast experience. They also will be able to take advantage of industry-leading consumer policies, including Test Drive and Worry Free Guarantee.

Verizon-Alltel Merger Will Create Enhanced Network Coverage

"This move will create an enhanced platform of network coverage, spectrum, and customer care to better serve the growing needs of both Alltel and Verizon Wireless customers for reliable basic and advanced broadband wireless services," said Lowell McAdam, Verizon Wireless president and chief executive officer.

Alltel serves more than 13 million customers in markets in 34 states. This includes 57 primarily rural markets that Verizon Wireless does not serve. The transaction puts the Alltel markets and customers on a path to advanced 4th generation services as Verizon Wireless deploys LTE technology throughout its network over the next several years. Alltel's customers also will reap the benefits of Verizon Wireless' Open Development initiative, which welcomes third-party devices and services to use the Verizon Wireless network.

Verizon Wireless and Alltel Deliver Expanded Range of Products and Services

"Both Alltel and Verizon Wireless have long track records of delivering a high-quality customer experience in the marketplace," said Scott Ford, Alltel president and chief executive offer. "The combination of our two companies will continue and improve upon that heritage as, together, we can more quickly deliver an expanded range of innovative products and services to our customers."