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Verizon Wireless and Alltel are willing to divest assets in 85 cellular markets to complete their proposed merger that was announced June 5, they said in a letter released late Tuesday. The companies talked with the Justice Department before…
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making the offer, they said. The overlapping markets the companies propose to divest include all of North Dakota and South Dakota, as well as parts of California, Colorado, Georgia, Idaho, Illinois, Kansas, Minnesota, Montana, Nevada, New Mexico, North Carolina, Ohio, South Carolina, Utah, Virginia and Wyoming. “The group of markets included in today’s filing represents a preliminary list that Verizon Wireless will divest,” Verizon said in a statement. “The list may be expanded following additional discussions with the DoJ. The company expects when the list is finalized, approximately 15 percent of Alltel’s total customers will be divested.” The carriers will honor roaming agreements in place between Alltel and regional and small carriers “at the rates in their current agreement through the original termination date of the agreement,” they said. Carrier sources say roaming is a key issue, since many have roaming agreements with Alltel. Carriers in agreements with both companies have the option of selecting either agreement post- merger. The companies outlined their proposal in a filing at the FCC.