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AT&T Buys Verizon Spectrum for $1.9 Billion

2013-01-25 22:36:01| PC Magazine Cell Phones Product Guide

Verizon agreed to sell 39 lower 700 MHz B block licenses to AT&T for $1.9 billion.

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AT&T to acquire wireless spectrum from Verizon Wireless

2013-01-25 19:32:00| Telecompaper Headlines

(Telecompaper) AT&T has announced in an 8-K filing that it has agreed to acquire spectrum in the 700 MHz B band from Verizon Wireless for USD 1.9 billion in cash and Advanced Wireless Services (AWS) spectrum license from several markets, including Phoenix, Arizona, Los Angeles and Fresno, California and Portland, Oregon. The 700 MHz licenses will be acquired by AT&T to cover 42 million people in eighteen states including California, Colorado, Florida, Idaho, Illinois, Louisiana, Montana, New Mexico, New York, Ohio, Oklahoma, South Dakota, Tennessee, Texas, Utah, Virginia, Washington and Wyoming. In conjunction with this transaction, AT&T will sell to Grain Management a single AWS license and will lease 700 MHz spectrum from Grain Management in three markets. The transaction is subject to regulatory approval. AT&T anticipates closing the transaction in the second half of the year.

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Verizon Wireless sells Lower 700MHz spectrum to AT&T for $1.9 billion

2013-01-25 19:25:50| Extremetech

Verizon Wireless has announced that it has sold all of its Lower 700MHz spectrum to other companies, completing a promise that it made to acquire the AWS spectrum from SpectrumCo. This sale will boost AT&T's LTE network in many areas by doubling speed and capacity.

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Verizon sells spectrum to AT&T for $1.9 billion

2013-01-25 19:01:24| Wireless - Topix.net

Verizon Wireless says it's selling space on the airwaves to AT&T in exchange for $1.9 billion and the transfer of some airwave rights from AT&T. The sale of spectrum rights will let AT&T Inc.

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Verizon sells spectrum to AT&T for $1.9 billion

2013-01-25 18:55:45| Telecom - Topix.net

Verizon Wireless says it's selling space on the airwaves to AT&T in exchange for $1.9 billion and the transfer of some airwave rights from AT&T. The sale of spectrum rights will let AT&T Inc.

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