Verizon to Buy TracFone in Deal Valued at Nearly $7 Billion [telecom]

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    Move would bring about 21 million prepaid cellphone customers to the
    biggest U.S. wireless operator

Verizon Communications Inc. said it has agreed to buy TracFone, a  
provider of wireless prepaid services, in a deal worth nearly $7 billion  
in cash and stock, further consolidating the U.S. cellular market.

Bill Horne
828-678-1548 (Cell)

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