Verizon to close Alltel deal Friday
Verizon Wireless says it will complete its acquisition of Alltel on Friday, January 9.
In an FCC filing late last week,
As part of the deal, Verizon will close Alltel's headquarters in Little Rock, Ark., while retaining is own head office in Basking Ridge, N.J. Verizon will open a call center in Little Rock and sell assets in markets that overlap with Alltel.
Clarification: Verizon Wireless also assumed $22.2 billion in Alltel debt for a total acquisition worth $28.1 billion.