AT&T Pays $1.9 Billion to Verizon for More Spectrum

Posted on January 25, 2013 at 06:14 AM EST

DailyFinance.com : AT&T Inc. (NYSE: T) announced this morning that it is acquiring wireless spectrum in the 700 MHz B band from Verizon Wireless for $1.9 billion. The spectrum covers 42 million people in 18 states, according to AT&T's announcement. Verizon Wireless is ... Read more

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