Verizon Completes Acquisition Of Mohave Wireless
While it may not be as big of an acquisition between T-Mobile and MetroPCS, Verizon announced today that its acquisition with regional carrier Mohave Wireless is now complete. The Mohave, Arizona-based wireless carrier (hence the name), is now in the hands of Verizon, and Big Red now has 100% control and ownership of the smaller carrier, buying them from Frontier Communications and Rio Virgin.
The acquisition will expand Verizon's coverage in northwest Arizona, a region of the US that doesn't get much coverage in the first place (because, you know, it's out in the desert). Mohave's operations cover a population of just over 200,000. 3G data will be available, with Verizon's blazingly-fast 4G LTE rolling out sometime in the near future.
For the time being, Mohave customers won't be affected until the Verizon network transformation is complete in early 2014. At that point, Verizon will begin to transfer Mohave customers over the Verizon's network. Again, this only affects those in northeast Arizona who are currently with Mohave Wireless.
It turns out that Verizon has already invested over $80 billion since the company began to increase the coverage of its network around the US, and it looks like it's paying off. Big Red has the largest 4G LTE network in the US right now, with 486 markets that have Verizon's LTE, and it covers almost 90% of the US population, according to Verizon.