January 25, 2013 at 16:23 PM EST
AT&T Buys Wireless Spectrum
AT&T (T) announced two deals this week worth more than $2.68 billion to acquire additional wireless spectrum to increase its high speed services capacity. The company announced on Friday that it agreed to buy airwaves from Verizon Wireless (VZ) for $1.9 billion in cash, only a few days after it announced it was paying $790 million in cash to buy Atlantic Tele-Network's (ATNI) wireless network.
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