Here's an update to the series of post on the Verizon-Alltel merge. In my last post, I bloggged about the decision of the US Department of Justice to allow Verizon Wireless to buy Alltel as long as the wireless network operator complies with the requirements. The Verizon-Alltel merge takes another step towards completion with the blessing of the FCC.The FCC commissioners held a special meeting to discuss the Verizon-Alltel merge after it had been approved by the DOJ. The FCC has many considerations to look into during this Verizon-Alltel merge meeting including the complaints raised by regional wireless network operators and consumer groups. Regional wireless network operators have appealed against the Verizon-Alltel merge because of the unresolved issues on roaming, spectrum concentration and handset exclusivity.
However, the FCC commissioners in charge of the Verizon-Alltel merge voted unanimously in favor of the deal. Five FCC commissioners voted to allow the Verizon-Alltel merge. Verizon Wireless must fulfill some conditions before it can fully acquire Alltel. For example, the FCC requires that Verizon Wireless must honor Alltel's existing roaming agreements with other wireless network operators for four years. The major wireless network operator must also divest spectrum in 22 states to complete the Verizon-Alltel merge.
Well, I think that this Verizon-Alltel merge approval is a victory for Verizon Wireless. With the Verizon-Alltel merge approval of the FCC, Verizon is one step closer to being the largest wireless network in the United States. Tune in to this blog to get more of the latest news and updates on the Verizon-Alltel merge and other news on wireless network operators and new cellphones.
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