Verizon Wireless To Expand Operations North Of Pittsburgh
Company Completes Acquisition of ALLTEL Wireless Business Serving Sections of Lawrence, Butler and Clarion Counties
January 6, 2003
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BEDMINSTER, NJ
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Verizon Wireless, the nation's largest wireless provider, today announced it has acquired ALLTEL's controlling general partnership interest in a wireless business north of Pittsburgh. The acquisition is a major expansion of the company's service footprint throughout portions of Lawrence, Butler and Clarion Counties, Pennsylvania, including the city of New Castle.
Verizon Wireless operations now serve the entire western section of Pennsylvania, from Lake Erie in the north, down to the border of West Virginia in the south.
Financial terms were not disclosed.
The former ALLTEL operation covers a market with a total population (POPS) of some 136,000. Major highways in the footprint include Interstates 80 and 79 and Route 60. The business, operating today under the ALLTEL brand, will be converted to the Verizon Wireless brand in three to four months. The existing analog wireless network will be quickly integrated into the Verizon Wireless national network and upgraded to digital CDMA service.
About Verizon Wireless
Verizon Wireless is the nation's leading provider of wireless communications. The company has the largest nationwide wireless voice and data network and 31.5 million customers. Headquartered in Bedminster, NJ, Verizon Wireless is a joint venture of Verizon Communications (NYSE:VZ) and Vodafone (NYSE and LSE: VOD). Find more information on the Web at www.verizonwireless.com.
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