alltel(Little Rock, AR) announced a definitive merger agreement with Standard Group Inc. (Cornelia,

Oct. 1, 1998

alltel(Little Rock, AR) announced a definitive merger agreement with Standard Group Inc. (Cornelia, GA), a communications company whose subsidiaries offer a variety of services in northeast Georgia. The transaction adds approximately 68,000 customer telephone lines to alltel`s Georgia operations. Terms of the transaction were not disclosed. The deal is expected to be completed in the fourth quarter of 1998.

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