Filed under: Cellphones
It looks like those talks between Verizon and Alltel were pretty deep after all, as the two companies have just come out and made the acquisition official. According to the official announcement, the aggregate value of the transaction is $28.1 billion, and the two companies are aiming to have it completed by the end of the year -- assuming all the necessary regulatory approvals come through. For its part, Verizon is of course boasting that this is a win for customers all around, saying that the merger will create an "enhanced platform of network coverage, spectrum a