Verizon Wireless to Acquire Alltel
With leaked reports coming in of Verizon Wireless acquiring Alltel, it has been made official that the deal will go through for $28.1 billion creating the largest wireless company in the U.S. in customer numbers by putting Verizon at 80 million over AT&T’s 71 million. The cash merger is a result of Verizon acquiring the […]
Deutsche Telekom in Preliminary Talks for Acquiring Sprint
Early March had seen storms of speculation that Deutsche Telekom, T-Mobile’s parent company, was considering an acquisition of Sprint. Recent reports are again pointing to the same direction. With talks being in the primary stage, such a move will hurl the No. 4 US carrier into the No. 1 position by having about 83 million […]