 On July 30, 2007, Rural Cellular Corporation announced  it agreed to be acquired by Verizon Wireless (a CDMA carrier).Verizon said that it plans to convert RCC's GSM customers to CDMA technology, but it will continue to operate RCC's current GSM network in order to generate roaming revenue.On 4 October 2007, Rural Cellular Corporation announced that its shareholders voted to approve the merger agreement providing for the acquisition of Rural Cellular Corporation by Verizon Wireless for approximately $2.67 billion in cash and assumed debt.