FCC Approves Verizon-Alltel Merger
The FCC has voted unanimously to approve Verizon’s acquisition of Alltel, which will result in the creation of a super-large CDMA network that will eclipse the size of AT&T’s GSM network to become the nation’s largest wireless carrier, Engadget reports.
As part of the deal, the FCC is insisting that Verizon “continue to honor Alltel’s existing roaming agreements for four years—presumably in an effort to protect and appease rural carriers who’ve been solidly against the merger all along,” the report said.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in