Verizon Wireless just invested $9 Billion in radio spectrum at a FCC auction…now they are going to invest $28.1 Billion to acquire Alltel…interestingly enough they are assuming the current debt of Alltel which is $22.1 Billion as a part of the deal. WOW!! This move will make them the largest cell provider in the country, followed by AT&T. I wonder if this will enhance the already great coverage that I receive from Verizon?
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