AT&T buys spectrum from Verizon Wireless in $1.9 billion deal

AT&T Inc (T.N) said in a regulatory filing on Tuesday that it acquired spectrum from Verizon Wireless (VZ.N) (VOD.L) for $1.9 billion in cash.

The spectrum, in the 700 MHz band, covers 42 million people throughout the United States.

 

 

Source: Reuters (Reporting by Jennifer Saba)

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