Verizon said Monday it is acquiring "certain assets" of Bluegrass Cellular, a wireless signification provider in rural Kentucky. Equal to a news release, Bluegrass Cellular was the headmost wireless provider in indoors Kentucky, launching in 1991. It serves 210,000 marketplace in 34 Kentucky counties.
Terms of the deal were not disclosed, as well-built as it's still accountable to FCC approval, but is expected to close-grained later this year or early in 2021, equal to Verizon. The companies kumtux had a alive relationship for several years; in 2012 Bluegrass launched LTE service in Kentucky as percentage of Verizon's LTE in Rural America program. As percentage of that program, Verizon leased some of its spectrum in rural areas.
And in July, Verizon divulged it was launching new home internet on its 4G LTE wireless network in some rural communities not served by its Fios or 5G Home options. The communities included Savannah, Georgia; Springfield, Missouri; as well-built as the Tri-Cities region of Tennessee, Virginia, as well-built as Kentucky.
Bluegrass is Verizon's second conquering in as mucho months; in September the visitor divulged it was buying Tracfone in a deal account increasingly than $6 billion. Tracfone is the largest reseller of wireless casework in the US, with 21 million subscribers; before the deal, increasingly than 13 million Tracfone marketplace were already relying on Verizon's wireless network spine Tracfone doesn't kumtux its own tactile network in the US.
The deal adds to Verizon's maturate over rivals T-Mobile as well-built as AT&T as the largest carrier in the US; at the end of 2019 the visitor had $131.9 billion in revenue.
Bluegrass marketplace don't sardine to booty any action; they'll receive information approximately casework from Verizon, equal to the particularization release.
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