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AT&T buys spectrum from Verizon Wireless in $1.9 billion deal
September 10, 2013 / 8:32 PM / 4 years ago

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

(Reuters) - 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.

A Verizon wireless store is shown in Del Mar, California June 6, 2013. REUTERS/Mike Blake

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

    Reporting by Jennifer Saba in New York; Editing by Steve Orlofsdky

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