Verizon divests 15 more markets before Alltel deal

Verizon Wireless confirmed that it was divesting spectrum in 15 markets ahead of its planned merger with Alltel, which is still awaiting approval by the U.S. Department of Justice.

The $28.1 billion deal, which, if approved, will create the country's largest wireless operator, has drawn scrutiny because of anti-trust concerns. To calm some of those worries, Verizon has already divested spectrum in 85 markets. The Alltel deal is expected to go through before the end of the year.

In a letter sent Tuesday to the FCC, Verizon said it would divest in 15 additional markets, which included markets in Alabama, Arizona, Georgia, Iowa, Minnesota, Nebraska, New Mexico, North Carolina, South Carolina and Utah.

For more:
- see this article

Related Articles:
Economy could sink Verizon-Alltel deal
Verizon says Alltel deal on track for end of year

Suggested Articles

Phase 1 would make up to $8 billion available for rural 5G deployments over 10 years.

T-Mobile is wasting no time putting Sprint’s trove of 2.5 GHz to work for it in a 5G realm.

The Wi-Fi community is finally getting a much-needed infusion in the form of spectrum in the 6 GHz band.