AT&T to acquire Alltel operations for $780 million
AT&T has announced that it plans to acquire Alltel's US operations for $780 million. Alltel, which was largely swooped up by Verizon a few years back, has around 585,000 remaining subscribers. In addition to licenses and retails stores, AT&T will pick up all of the remaining wireless assets from Alltel if the deal goes through. The Alltel network still covers over 4.6 million...