Home  ›  News  ›

AT&T Closes $1.9 Billion 700MHz Acquisition

Article Comments  

Sep 10, 2013, 4:03 PM   by Eric M. Zeman

AT&T today announced that it has finalized an agreement to purchase select bits of 700MHz spectrum from Verizon Wireless. AT&T has bought 700MHz B Block licenses that cover 42 million people across 18 states, for which it paid Verizon Wireless $1.9 billion. AT&T will use the spectrum to enhance and supplement its existing LTE 4G coverage in portions of California, Florida, Illinois, New York, Ohio, Texas, and other states. In addition to the cash payment, AT&T gave Verizon Wireless Advanced Wireless Services (AWS) spectrum licenses in Phoenix, Ariz.; Los Angeles and Fresno, Calif.; Albuquerque, N.M.; and Portland, Ore. AT&T says its LTE 4G network covers more than 225 million people today and will reach 270 million by the end of the year.


more news about:




This forum is closed.

This forum is closed.

No messages

Page  1  of 1

Subscribe to news & reviews with RSS Follow @phonescoop on Twitter Follow @phonescoop on Mastodon Phone Scoop on Facebook Follow on Instagram


All content Copyright 2001-2023 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.