The telephone company Verizon Wireless announced a few days ago that will acquire its rival Alltel Corp..
The transaction represents one of the biggest and fast in U.S. history.
The total cost of the operation around 28 billion dollars, approximately 6 billion by buying and more than 22 billion debt that accumulates Alltel.
The combination Verizon-Alltel create a company of more than 80 billion users (Verizon had 71 and Alltel 13). This means, that after this transaction Veiroz shall become the largest U.S. telephone company, thus overcoming its biggest competitor AT&T.
Via Aecomo
