Verizon Wireless completes Alltel buyout - KAIT Jonesboro, AR - Region 8 News, weather, sports

Verizon Wireless completes Alltel buyout

LITTLE ROCK, Ark. (AP) - Verizon Wireless has announced it has

completed its $5.9 billion purchase of Little Rock-based Alltel

Corp., making Verizon the nation's largest mobile phone company.

Verizon said Friday it will also take on $22.2 billion in Alltel

debt.

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(Copyright 2009 by The Associated Press. All Rights Reserved.)

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