Engadget just got a tip that Verizon Wireless and ALLTEL might be in merger talks.
Haven’t been able to confirm this yet, so take it as a rumor for now, but we just got a tip that Verizon Wireless and ALLTEL have been in merger talks for the past few weeks (and by merger we pretty much mean acquisition, since it’d most likely be Verizon swallowing up ALLTEL)
. Given that Verizon is still trying to swallow MCI, it is unlikely this could be happening. I am pretty sure, buying ALLTEL which is a rural phone company is going to open up a can of worms for Verizon, especially with the FCC. But stranger things have happened.