Verizon snaps up smaller provider

13 Aug 2007

Verizon Wireless has acquired the assets of Ramcell in southeast Kentucky and western Oregon. Ramcell’s operating licences cover 574,000 people in the two states: 300,000 in Clay and Madison in Kentucky, and 274,000 in Coos, Oregon. It offers services over TDMA and CDMA networks which Verizon says will be upgraded with CDMA2000 1xEV-DO technology by the middle of next year. The financial terms of the deal were not disclosed. Verizon Wireless is the second largest US cellular operator in terms of subscribers, with 62.1 million customers at the end of June.

United States, Verizon Wireless