10th June 2008, 2:31 PM   by Eric M. Zeman

The Department of Justice has said that in order to acquire rural wireless provider Alltel, Verizon Wireless must divest some of its existing wireless assets. In particular, Verizon Wireless will have to sell off Unicel assets in Vermont, New York, and Washington states. The DOJ has filed a lawsuit that will force Verizon Wireless to comply with the divestiture before the acquisition can proceed. Last week, Verizon Wireless announced its intent to acquire Alltel for $28.1 billion.

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