Much of the carrier acquisition talk has centered around T-Mobile and MetroPCS lately, however it looks like Verizon Wireless also has some related news. In short, Verizon Wireless has announced the completion of an acquisition with Mohave Wireless. The financial terms have yet to be disclosed, however it was said that Verizon Wireless acquired Mohave Wireless from Frontier Communications and Rio Virgin.
As to the why, this looks like it will help expand the Verizon Wireless footprint in Arizona. This market is located between Las Vegas and and Phoenix and is said to cover a part of the Grand Canyon, Kingman, Lake Havasu City and Bullhead City. The spectrum that comes along with this acquisition includes a population of 203,000.
Verizon Wireless has yet to say specifically when Mohave Wireless will be fully integrated, though they did reveal plans to integrate the Mohave Wireless 3G network with the Verizon Wireless network. In addition, they also plan to roll-out 4G LTE services in the "near future." This means Verizon Wireless will be adding to their existing 4G LTE coverage which now sits at 486 markets (and for almost 89 percent of the US population).
Current Mohave Wireless customers do not have to do anything at this time, and in fact, Verizon has however said they will be receiving a letter shortly explaining what has happened. Other details show that Verizon Wireless will continue using the Mohave Wireless brand name until sometime in early 2014 when the network integration is expected to wrap up.
[via Verizon Wireless]