AT&T to Buy Straight Path for $1.6 Billion in Major Spectrum Deal
AT&T has announced plans to acquire Straight Path Communications, a company that holds a nationwide portfolio of millimeter-wave (mmWave) spectrum, in a transaction valued at approximately $1.6 billion. This acquisition builds on AT&T’s earlier purchase of FiberTower and strengthens the company’s mmWave holdings, which include licenses in the 39 GHz and 28 GHz bands. Adding … Read more