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fcc approves verizon

FCC Says Verizon’s Alltel Buyout Is A Go

by David Heyerman on November 4, 2008

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  • 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

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