NEW YORK, LONDON-Bell Atlantic Corp. and Vodafone AirTouch Plc announced they purchased full ownership in PrimeCo Personal Communications LP’s Texas market for $357 million. The deal buys out TXU Communications 20 percent share in PrimeCo and gives Bell Atlantic and Vodafone a partnership in all of PrimeCo and all of the licenses for the Texas market.
The new venture, expected to close in January 2000, will combine assets from both Bell Atlantic and Vodafone and create the largest wireless company in the country.
