ATT To Acquire 700 MHz Spectrum From Verizon Wireless
ATT To Acquire 700 MHz Spectrum From Verizon
Wireless – ATT just announced through its press release that the carrier agree
to acquire 7000 MHz spectrum from Verizon Wireless in B block for $1.9 billion.
ATT acquire the 7000 MHz B block form Verizon Wireless in cash and will get advanced wireless services or AWS spectrum licenses in several markets such as Phoenix, Arizona, Los Angeles and Fresno, California and Portland, Oregon.
The 700 MHz licenses to be acquired by AT&T cover 42 million people in 18 states — California, Colorado, Florida, Idaho, Illinois, Louisiana, Montana, New Mexico, New York, Ohio, Oklahoma, South Dakota, Tennessee, Texas, Utah, Virginia, Washington and Wyoming.
Source: ATT
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