[armus]

from a press release i recieved at noon, cst. (i'm a journalist)

as per the local media rep for the company: Verizon will be visiting each tower and market during the second quarter of 2009 to change over and integrate the tower into the verizon network. phones will not immediatly go on the verizon network, it will take time. Letters will be sent out to subscribers in the next few weeks.

The property sell-off is for duplicate property owned by Alltel in areas with existing Verizone property. they are required to ditch it so as to not duplicate in those areas.

big question i have to contact the verizon media rep on: what will be the status of Alltel contracts under Verizon? Will Alltel customers be allowed to cancel without early termination fees? I'm guessing yes but will have to find out.