The joint venture of Verizon Communications and Vodafone, Verizon Wireless has officially announced that they will buy Alltel and overtake AT&T as the largest wireless carrier in US once the transaction closes. According to the press release, “Verizon Wireless will acquire the equity of Alltel for approximately $5.9 billion. Based on Alltel’s projected net debt at closing of $22.2 billion, the aggregate value of the … Continue reading Verizon Wireless Officially Announces Acquisition Of Alltel