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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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AT&T to buy Verizon spectrum for $1.9 billion

2013-01-25 18:31:47| InfoWorld: Top News

AT&T will buy mobile spectrum in the 700MHz band from Verizon Communications for US$1.9 billion, AT&T said Friday. AT&T will pay cash and trade AWS (advanced wireless services) spectrum for the B block of the 700MHz spectrum, the company said. Verizon will gain AWS spectrum licenses in several markets, including Los Angeles, Phoenix, and Portland, Oregon, AT&T said in a press release.

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Verizon sells spectrum to AT&T for $1.9B

2013-01-25 17:04:17| CNET News.com

As part of the deal, Verizon will get some spectrum back from AT&T. Verizon is also selling off another smaller swath of spectrum to a private equity firm. [Read more]

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AT&T adds wireless users but trails Verizon Wireless

2013-01-25 01:00:00| Total Telecom industry news

U.S. telco posted $3.86 billion loss in Q4.

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AT&T, Verizon smartphone sales to pressure Q4 earnings

2013-01-17 01:00:00| Total Telecom industry news

U.S. mobile operators likely paid out hefty sums in subsidies in most recent quarter.

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