| | |
The US Federal Communications Commission said on Tuesday it approved Verizon Wireless's plan to sell AT&T Inc wireless spectrum licenses that used to belong to Alltel.
Verizon Wireless, owned by Verizon Communications Inc and Vodafone Group Plc, is selling the assets for USD 2.35 billion as a condition for regulatory approval of its own purchase in January last year of rural provider Alltel.
AT&T said last week it expected to be able to close the purchase by the end of this month.
ADS BY GOOGLE
video of the day
Dont see mkt going anywhere now; like Bharat Forge: Dipen