Take over by ATT of AT%26T in cut cost due to fines asset on alltel and Version

AT&T has announced that it plans to acquire Alltel's US operations for
$780 million. Alltel, which was largely swooped up by Verizon a few
years back, has around 585,000 remaining subscribers. In addition to
licenses and retails stores, AT&T will pick up all of the remaining
wireless assets from Alltel if the deal goes through. The Alltel
network still covers over 4.6 million users in...
The buy out is expected well below the once high market. .......
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