While always great on paper, tech mergers (or mergers of any kind) often have a nasty way of not working out for the best.
Now this Verizon deal with Alltel has got me worried. Worried because we just switched the rest of the family to Verizon (from AT&T -- two of us -- and Sprint) and I want to make sure that "America's most reliable wireless network" stays just that way -- or maybe gets even better?
Here's what the big guy at Verizon had to say: “This move will create an enhanced platform of network coverage, spectrum and customer care to better serve the growing needs of both Alltel and Verizon Wireless customers for reliable basic and advanced broadband wireless services” (per Lowell McAdam, Verizon Wireless president and chief executive officer).
Only time will tell (or the number of bars on my phone) ...
If you want all of the gory details, read the official press release here.
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Good point. Sprint showed how taking over a phone company can destroy billions of dollars... Hopefully this merger will be smoother.