Verizon Wireless to Acquire Alltel

Following media speculation, Verizon Wireless has announced that it has entered into an agreement to acquire Alltel Wireless in a cash merger.

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Originally Posted by cpt5231

Do you think this will really happen. Seems to be approaching on monopoly status...

Verizon will be big, but there will still be three other major competitors -- AT&T, Sprint, and T-Mobile. What I'm wondering is if AT&T or Sprint will counter with acquisitions of their own.

If this really happens, will all device's currently only available to each carrier, become available to all Verizon/Alltel customer's?

Will the Alltel name be a thing of the past?

Will Verizon keep both carrier's seperate?

Originally Posted by bossdragon

If this really happens, will all device's currently only available to each carrier, become available to all Verizon/Alltel customer's?

Will the Alltel name be a thing of the past?

Will Verizon keep both carrier's seperate?

All good questions. We will try to find out the answers in our continued coverage of this acquisition.