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Old 06-05-2008, 01:10 PM Offline   #1 (permalink)



 
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Default Verizon Will Buy Alltel, Boosting Mobile-Phone Standards (NewsFactor)

NewsFactor - In a move that will bring fierce competition to AT&T, Verizon Wireless on Thursday agreed to buy Alltel for $28.1 billion in cash and debt. The acquisition will make Verizon Wireless, a joint venture of Verizon Communications and Vodafone, the largest mobile-phone company in the U.S.

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