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Verizon Wireless completes purchase of Alltel; Will divest some North Carolina marketsVerizon Wireless completes purchase of Alltel; Will divest some North Carolina markets
[Jan. 21, 2009] Verizon Wireless, a joint venture of Verizon Communications and Vodafone, has completed its purchase of Alltel Corporation from Atlantis Holdings LLC. Consistent with the terms of the transaction announced on June 5, 2008, Verizon Wireless paid approximately $5.9 billion for the equity of Alltel.

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