FCC Says Verizon’s Alltel Buyout Is A Go

• The FCC announced their approval of Verizon’s Alltel buyout today.
• The acquisition comes at a price tag of $28.1 billion.
• That total consists of $5.9 billion, and $22.2 billion in Alltel debt.
• The buyout brings 13 million subscribers over to Verizon.

MC, Engadget

Tagged as: Acquisitions, buyout, fcc approval, fcc approves verizon, verizon alltel, verizon buys alltel