Verizon Wireless Acquires Ramcell

Verizon Wireless has complete an acquisition of the operating assets of Ramcell, the company announced today. Ramcell operated out of Kentucky and Oregon using TDMA, which will be converted to CDMA by Verizon, and CDMA infrastructure respectively, with both networks receiving an EV-DO Rev. A upgrade.

The acquisition includes Ramcell's spectrum licenses, which cover a population of 300,000 in the Clay and Madison, Kentucky markets and 274,000 in the Coos, Oregon market. This move increases the carrier's footprint vastly in these areas.

Financial details of the deal were not disclosed by either party.