FCC conditionally approves Verizon's Rural Cellular acquisition
Verizon Wireless announced its intentions to snap up Rural Cellular way back in July of last year, and as these things tend to go, it has taken a full 13 months for the FCC to green light the deal. Said agency has just issued a "conditional approval" for the acquisition, but it noted that one of the companies will be required to "sell licenses in six markets in order to improve competition." More specifically, the outfits will have to "shed licenses in several parts of Vermont, one area of New York state and two areas of Washington state." Nothing too earth-shattering, but it's good to see the books (almost) closed on this one.
[Via PhoneScoop]
