Talk Business has learned that today the U.S. Department of Justice (DOJ) has approved the sale of 26 former Alltel properties to Atlantic Tele-Network, Inc., parent company of Little Rock-based Atlantic Wireless Communications Corp. (AWCC).
The sale will affect nearly 800,000 customers in Idaho, Illinois, Ohio, North Carolina, South Carolina and Georgia.
Approval of the deal by the Federal Communications Commission is still pending.
The DOJ has not signed off on the sale of the former Alltel properties to AT&T, which was part of a divesture move required by federal regulators when Verizon Wireless bought Alltel Wireless in 2009.
The DOJ approval moves closure of the long-running transition one step closer. Ultimately, employees that have been running the divested properties will find employment with the new property owners or their employment could be terminated.
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