AT&T to pay $1.9 billion for Verizon spectrum

A view shows the AT&T store sign in Broomfield, ColoradoNEW YORK (Reuters) – AT&T Inc has inked two deals worth more than $2.68 billion this week as it accelerates its push to expand its wireless spectrum holdings to beef up capacity for high-speed services. The No 2. U.S. mobile provider said on Friday that it agreed to buy wireless airwaves from Verizon Wireless for $1.9 billion in cash, plus spectrum licenses that it will contribute to Verizon Wireless in five markets. …

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AT&T to pay $1.9 billion for Verizon spectrum

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