Verizon, Alltel Make a Connection

With a Verizon-Alltel deal, the wireless industry is poised for a new round of mergersand declining competition

Verizon Wireless is buying Alltel in a $28.1 billion deal that would create the nation's biggest cell phone provider with more than 80 million users, vaulting past AT&T's customer base of 71.4 million.

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