ALLTEL gets approval for Western Wireless merger
Jul 06 2005 - 02:54 PM ET | In The News
ALLTEL has gotten approval from the Justice Department for a
merger with fellow rural carrier Western Wireless.
Under the agreement, Alltel will divest 16 markets in Arkansas, Kansas and Nebraska now owned and operated by Western Wireless. The company also will divest the Cellular One brand that is owned by Western Wireless.
The FCC and Western Wireless shareholders must also agree for the merger to take place. Both groups are expected to approve later this summer. After the merger, ALLTEL will have over 10 million wireless customers.
