Verizon and Alltel, Together Forever January 9
By Brad Molen on 05 Jan 09If you’re like me, you watch the current Alltel commercials and wonder why it’s still trying to compete against Verizon, the company that bought it out in a $5.9 billion merger.
However, as of this weekend the commercials will now (we assume) cease to exist because it was announced this weekend that on January 9 the merger will be complete and Verizon and Alltel will officially come together, never to be parted.
This is great news for Verizon as it now will officially surpass AT&T Mobility as the number 1 company in the US with 78 million customers. It certainly comes at a high price, however — Verizon has agreed to assume nearly $23 billion of Alltel’s debt.
Unless you join forces with Testman, we bid thee farewell Chad. Your commercials will be missed…by somebody out there, I’m sure.
via Phone Scoop
photo courtesy Flickr, noharshchemicals
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Emily
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Emily
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