Traffic passes Verizon Communications Inc. headquarters in New York, February 14, 2005. A Verizon Communications Inc. chief operating officer, Dennis Strigl, said on Thursday that a telecommunications carrier using GSM network technology could buy a carrier using CDMA technology. REUTERS/Peter Morgan
NEW YORK (Reuters) - A Verizon Communications Inc. VZ.N chief operating officer, Dennis Strigl, said on Thursday that a telecommunications carrier using GSM network technology could buy a carrier using CDMA technology.
Verizon is seen by analysts as the most likely bidder if rural wireless provider Alltel Corp. AT.N seeks a sale, since both companies use the same CDMA network.
Dennis Strigl, asked in a Bank of America conference about the complexities of a GSM carrier buying a CDMA carrier, said such a move was “doable” and had been done before.
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