Though Verizon Wireless' official acquisition of Alltel Wireless closed on January 9th, the carrier had until May 9th to spin off the markets agreed to be divested as a part of the deal. Like anything in corporate-land, the task has proved to be a challenge for Big Red, as they're asking the FCC for more time to complete the transaction - 60 days, to be exact. The new date would push the required completion date to July 8. Verizon's reasoning? "The sheer size and complexity of the divestitures coupled with the current economic conditions."
Source: Engadget Mobile (image via IntoMobile)