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* Republican Kathleen Abernathy left the Federal Communications Commission, leaving the five-member commission with two open seats and giving Democrats a temporary 2-1 majority.
* Alltel Corp., the largest U.S. rural telephone service company, said a $4.9-billion deal to spin off its telephone division to shareholders would enable it to expand its core wireless business. The new company would be combined with Valor Communications Group Inc. of Irving, Texas. The deal’s total value is $9.1 billion, including $4.2 billion in assumed Alltel debt.
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