You've got to give a little to get a little, as they say, and giant, multinational joint ventures apparently aren't exempt from the mantra. In buttering up the ladies and gentlemen of the FCC enough to approve the takeover of Alltel
, Verizon Wireless has agreed to spin off 85 markets' worth of Alltel subscribers in 18 states, which tallies up to about 15 percent of its 13 million-strong base. The move is designed to preserve competition, particularly in rural areas where some customers could suddenly find themselves with just a single carrier in town with enough signal strength to get the job done. There's still no telling whether the FCC will ultimately approve the move -- it could demand additional concessions or strike it down outright -- but it's a start.
[Via Phone Scoop
*Verizon is currently in the process of acquiring AOL, Engadget's parent company. However, Engadget maintains full editorial control, and Verizon will have to pry it from our cold, dead hands.