Verizon Wireless to buy Alltel in $28.1 billion...

Verizon Wireless announced it would buy rural mobile phone service provider Alltel Corp for $28.1 billion, including debt, which would vault it to first place in the U.S. market ahead of AT&T Inc. Under the deal, Verizon Wireless would acquire the equity of Alltel for $5.9 billion and take on an estimated $22

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