FCC approves Verizon-Alltel merger

News

In a 5-0 vote, the FCC approved the $28 billion purchase of Alltel by Verizon Wireless. The approval requires Verizon Wireless to end operations in five other small markets neighboring those already required by the Justice Department. It also requires Verizon to honor Alltel’s existing roaming agreements with small wireless carriers for four years. With DOJ and now FCC approval in the bag, Verizon can complete the acquisition of Alltel to become the largest wireless carrier in the US. What do you guys think – good news?

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37 Comments
  • Robert

    @Jdslim It was a regional acquisition with Cingular and SunCom a few years ago in Virginia. It wasn’t the entire SunCom corp being purchased.

  • B. Breezy

    Good job FCC. You finally did the job that you are supposed to do. Go BIG RED GO! Verizon treats their employees with great benefits that are 2nd to none. Tuition assistance is higher than any other company in the wireless industry. Take that, take that!!!

  • Jeff

    Chad, you’re a ding dong for selling your company!

  • Don Louie

    Nole, Sprint is begging for more customers now, you’ll save money and get the same coverage no matter what naysayers will claim

  • Andrew

    so does this mean alltel customers can buy verizon phones now???????

  • bob

    you know.. I have worked for verizon for over 9 years and its a great place to work!!!

  • Just A Laker Fan

    As a former Alltel employee and At&T employee until a back injury. This will hurt AT&T by far.
    Anybody that has used both carriers know that AT&T service is close to being terrible. Then with Sprint selling off its towers they are not a threat in the industry.
    Verizons phones over all are the best. Then Verizon and Alltel are both CDMA and already have a tower agreement … So there will be no Sprint/Nextel crisis. Its a no brainer now Verizon is hands down the best in coverage and customer service.

  • sweetie

    Am I the only one concerned with the enormous price increase for verizons plans. As an alltel customer, I have really enjoyed the personal service from Alltel!!! (^)We must now plan a memorial for OUR CIRCLE !!!!

  • Jay

    The plans arent all that different there only 10 bucks difference

  • Mike

    Bad news actually, this merger has cause over 4000 jobs to be lost between Alltel and there vendor Motorola.
    This merger was done primarily to put a competitor (Alltel) out of business and to claim the title of largest carrier.
    If you look you will find that Verizon has divested Alltel markets that were not mandated by the FCC agreement.
    I wonder what those 5 FCC a-holes are spending their lobbyist payoff earnings on.

  • Lindsay Roofe

    The FCC’s stipulations placed upon the merger in the name of “anti-trust” laws are unjust and unfair. I am an alltel customer in a non-divested area of the merger. Meaning, when Verizon took over Alltel in my area, Verizon would be a considered a monopoly in this area. Henceforth, Verizon was not allowed to accquire all of the Alltel contracts in the area. My contract being one such contract. So now, alltel still owns my contract, but the closest store that can service me or even pull up account information is 3.5 hours away. On top of that, FCC regulations will no allow Alltel to switch my contract to the more convenient Verizon based once again upon the anti-trust laws. You might think I could just cancel my contract with no penalty based upon the fact that its very inconvenient to not have a store close by. However, Alltel is not letting its customers affected by this problem out of the contract without penalty. Based upon my understanding of signing that contract 1 year ago, I would have a store nearby. Three and a half hours does not constitute as nearby. Therefore, its breach of contract. By the FCC putting these limits of trade on Verizon in this merger, my freedom of choice has been severely limited. Verizon, a great company, should have been allowed to purchase Alltel outright with the original plan to take over all contracts and stores, with coverage and service to Alltel customers only improving.

  • formeralltelemployeehatesverizon

    as a former employee of alltel..and now as of wednesday a former employee of verizon, I am very, very unhappy with the merger. I hate that instead of working for an organization that cares about both their employees and customers, I am working for a big giant corporation that can’t possibly care about the most important employees…the sales reps.

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