FTC approves largest wireless network in US

Tags: Network, Verizon Wireless, FTC, Wireless Network, Wi-Fi, Wireless, Alltel, Federal Communications Commission, Federal Trade Commission, Verizon, Jeremy Collum

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2008-12-11 13:23:59.0

The US Federal Trade Commission has approved the purchase of Alltel by Verizon Wireless, a move that creates the country's largest wireless carrier. Verizon Wireless will pay USD5.9bn to acquire the mobile communications firm and assume USD22.2bn of its debt.

 

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