The Wall Street Journal (reg required) is reporting that Alltel is shopping around for buyers, although interest has so far been lukewarm. Rumors of a sale to Verizon have been in the news, and now the WSJ claims that Alltel has made overtures to AT&T. These rumors will probably go on for a while before any bids are made, and antitrust issues are likely to hamper interest by the big US telcos.
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