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The latest rumor to surface in the merger mania that has gripped wireless carriers is that Verizon now has its eye on Alltel, a telecom provider based in Little Rock.
Alltels CDMA (code division multiple access) wireless technology “makes it a natural target for Verizon–also a user of CDMA,” says one analyst.
Rumors circulated last week that Verizon would target Sprint but analysts disputed that liklihood after news of the Sprint-Nextel merger was announced.