Convergys acquires ALLTEL assets

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Cincinnati--Convergys Corp. announced late Friday an agreement to acquire a portion of ALLTEL Communications' billing and customer service assets. Under the terms of the $37 million deal, which is expected to close by the end of the year, Convergys will gain 10.5 million customers from ALLTEL clients Cingular, Centennial Communications and Commonwealth Telephone. Convergys will also add 220 ALLTEL employees.
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