Verizon to complete Alltel acquisition on 9 Jan’09 (USA)

Verizon Wireless, according to Verizon filings with the SEC, will complete Alltel’s acquisition on 09 January’09. Verizon will pay $5.9 billion and acquire $22.2 billion in Alltel debt,along with 13 million subscribers, becoming the largest wireless phone company of USA with a subscriber base of 83 million.
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