Phone Scoop

printed December 15, 2017
See this page online at:
http://www.phonescoop.com/articles/article.php?a=15203

Home  ›  News  ›

AT&T Lines Up $9.2 Billion to Pay for Spectrum

Article Comments  

Jan 22, 2015, 8:59 AM   by Eric M. Zeman   @phonescooper

AT&T has padded its balance sheet with cash as the AWS-3 spectrum auction winds down. The company has lined up loans and credit facilities totaling $9.2 billion. The company also made billions of dollars of bonds available to investors late last year. Verizon is weighing whether or not to sell some of its landline assets in select markets to help pay for the new spectrum, though it hasn't made a final determination. Bids for the AWS-3 auction have reached about $45 billion and AT&T and Verizon Wireless are likely leading the bids.

more info at Wall Street Journal »

more news about:

Verizon Wireless
AT&T
 

AD

Comments

This forum is closed.

This forum is closed.

No messages

 
 
Page  1  of 1

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2017 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
1

This is a preview. Click for full glossary page.