Verizon to Buy Alltel for $28 Billion, Vaults Past AT&T as No. 1 U.S. Mobile Provider
Jun 5th, 2008 | By Mike Caggeso | Category: Politics & EconomicsVerizon Wireless has agreed to buy Alltel Corp. (PINK: ALTEO) for $28.1 billion in a deal that should vault Verizon past AT&T Inc. (T) as the country’s No. 1 mobile phone company.