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Verizon ready to snatch up Alltel?

Michael Caputo

Ahh, the sweet, sweet comfort of the rumor mill. Remember not too long ago when we heard that a certain regional carrier was the talk of a possible buyout? As that rumor is taking shape, it appears that Verizon Wireless as its eyes squarely on ol' Number Five, Alltel. If everything turns out to be on the up-and-up and Big Brother gives the merger a thumbs-up, the happy union will make Big Red the largest national carrier, having enough customers to crush Cingular's base by about 10 million.

[Thanks, HTC Kid]

*Verizon has acquired AOL, Engadget's parent company. However, Engadget maintains full editorial control, and Verizon will have to pry it from our cold, dead hands.

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