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AT&T to pay $1.9 billion for Verizon spectrum
Reuters: Business News
Fri, 25 Jan 2013
NEW 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.
Morningstar's Mike Hodel thinks that AT&T's deal for T-Mobile is good for AT&T shareholders, but regulators may be hesitant to allow the telecom giant to get even bigger.