Are Verizon Wireless and Alltel one company now?
Although the legal transaction has been finalized and Verizon Wireless has legally become the owner of Alltel, it will be several months before the two companies are integrated and operate as one company. Also, as part of the regulatory approval process required for this purchase, Verizon Wireless agreed to sell certain properties where both Alltel and Verizon Wireless overlap to preserve competition in those markets. As a result, Alltel customers in those areas will not be part of the merger with Verizon Wireless.