Verizon Confirms Acquisition of Straight Path, Beats AT&T for 5G Spectrum
Verizon has announced it will acquire Straight Path Communications for $3.1 billion. The purchase price far exceeds the offer AT&T had made when it first expressed interest in acquiring the spectrum holder the previous month. Straight Path became the center of a competitive bidding process after AT&T revealed its intention to acquire the company on … Read more