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FCC approved Verizon buyout of Alltel

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FCC approved Verizon buyout of Alltel
Verizon Wireless was successfully able to clear the final hurdle surrounding its purchase of Alltel: The approval by the FCC. In a 5-0 vote, the regulatory body approved the deal that would make "Big Red" the largest carrier in the US. In order for the acquisition to take place, the Justice Department is requiring Verizon to sell operations in 100 markets that overlap with Alltel to calm regulators' antitrust concerns over the proposed deal. The FCC is requesting that the company divest five other small markets in addition to the aforementioned areas.

Additionally, Alltel is considered a key roaming partner for regional wireless carriers, and the small companies were concerned that the new Verizon would cause a hike in the price of roaming agreements. In an effort to lower the concerns of various companies, FCC Chairman Kevin Martin proposed extending existing roaming agreements to two years after the merger. Verizon quickly responded and offered to extend the agreements for four years.

Expect to see Veritel, or Allizon, or whatever they plan to call it, coming to a city near you...

source: MarketWatch via BGR

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70 Comments

1. T-Money3000 posted on 20 Oct 2010, 01:42

Thank god! We knew it was going to go thru. Anyhoo, doubt they'll change their name but it's not like it matters. Just get rid of My Circle!!!

2. (unregistered) posted on 06 Nov 2008, 06:02

I agree, with the largest network and all it really wouldn't be a key feature considering most of the people in the US will have Verizon Wireless and with unlimited mobile to mobile My Circle would be a wasted feature. If they do keep it, good, it'll be usefull for landlines...if not oh well. Now XM Radio Mobile, MobiTV, etc...lets talk more fun stuff lol. VZW needs that.

9. (unregistered) posted on 06 Nov 2008, 08:59

Really? Most of the people in the US will have Verizon? Yeah...let's not get crazy.

52. (unregistered) posted on 07 Nov 2008, 08:39

I use My Circle for landlines and I hope they don't get rid of this feature. It's the primary reason I chose Alltel.

69. (unregistered) posted on 17 Nov 2008, 15:45

if you dont renew your contract after its up u can just pay month to month and keep the my circle i believe

3. (unregistered) posted on 06 Nov 2008, 06:04

Verizon Wireless needs to be the largest carrier considering their network is awsome!

4. vzw fanboy (unregistered) posted on 06 Nov 2008, 06:55

that is great news. now when i go to wichitopiacitypigmontboise i will always have service. remmber those gayt&t commercials?

5. Jyakotu (unregistered) posted on 06 Nov 2008, 08:06

So AT&T is going to be the second largest carrier now? Don't really care because a BIGGER carrier doesn't mean a BETTER carrier.

16. (unregistered) posted on 06 Nov 2008, 11:30

That's what everybody who takes second place says. "Just because we are inferior in every way measurable doesn't mean we aren't the best!"

44. (unregistered) posted on 06 Nov 2008, 16:49

did she tell u that? and you really believed her ?

6. (unregistered) posted on 06 Nov 2008, 08:24

in this case the BIGGER carrier is the BETTER carrier. ATT ranks 3rd in call coverage and 4th in call quality.....plus a majority of their handsets suck.

7. Jyakotu (unregistered) posted on 06 Nov 2008, 08:32

I just perfer AT&T because of their GSM headsets. You can never go wrong with SIM cards. :D

10. (unregistered) posted on 06 Nov 2008, 09:00

SIM cards suck...you lose your phone you lose your SIM. On VZW your #'s are uploaded on a website. So you lose your phone, you really don't lose much because you can just upload them to a new phone in seconds.

14. vzw fanboy (unregistered) posted on 06 Nov 2008, 10:59

i totally agree. i love the backup assistant feature and its free.

15. VZWRep (unregistered) posted on 06 Nov 2008, 11:05

but remember your number will not be uploaded to our network if you DO NOT download back up assistant. its free! all you have to do is sign up for my verizon on the internet...which is also free. people think my verizon is just another way for us to solicate you BUT quite the contrary its a way for YOU as a consumer to manage your own acct without having to call cust. service or drive to the store...you can even do upgrades add new lines and edit your features just as texting or block features such as downloads. and remember as of right now verizon is the only carrier that has the ability to block premium texting....whoo hoo!

20. (unregistered) posted on 06 Nov 2008, 11:58

thats right! anything they can do to reduce the amount of people in a store is good for the company.. and unfortunatly not so good for us sales peeps :( the main concern though is to offer self help options reducing the need for service and tech people in stores.

25. (unregistered) posted on 06 Nov 2008, 13:21

STOP SELLING! It's like a bad Verizon comercial up in here! :)

58. (unregistered) posted on 07 Nov 2008, 14:08

how do you sell something thats free???

64. (unregistered) posted on 07 Nov 2008, 19:50

Ok... Stop Advertising then!!!

8. anonimo (unregistered) posted on 06 Nov 2008, 08:43

Well, If I was a phone manufacturer and wanted to offer my phones to a company, I would go to THE BIGGEST.

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