Verizon buys cellular company with VT operation

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Verizon Wireless is buying a cellular company with operations in Vermont, Maine and New Hampshire.

The nation’s second-largest wireless provider behind AT&T announced today it will purchase Rural Cellular for $757 million in cash in a move to expand its wireless service coverage in rural markets.

Minnesota-based Rural Cellular provides cell phone service in 15 states including Vermont under the Unicel brand. Unicel operates in five New England states.

The deal comes one month after AT&T agreed to buy larger rural wireless service provider Dobson Communications.

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