Verizon-Rural Cellular deal given green light

4 Aug 2008

The Federal Communications Commission (FCC) has approved the proposed merger between Verizon Wireless and Rural Cellular Corp, paving the way for the completion of the USD2.67 billion deal. Verizon has already agreed to divest some of its spectrum assets in six markets in Vermont, New York and Washington as required under earlier recommendations by the Department of Justice. Rural Cellular Corp operates under the name Unicel in the Midwest, Northeast, Northwest and the Southern regions of the United States.

United States, Rural Cellular Corporation, Verizon Wireless