Printed from http://www.electronista.com

AT&T and Verizon conclude asset swap

updated 04:40 pm EST, Mon December 22, 2008

AT&T and Verizon swap

AT&T announced on Monday that its mobile division has finalized the swap of wireless assets with Verizon Wireless, as the agreement was approved by the FCC and Department of Justice. Under the deal, AT&T Mobility has acquired former Rural Cellular Corporation properties that were bought by Verizon Wireless. The deal includes licenses, network assets and subscribers in metropolitan and rural service areas (RSAs) in Burlington, VT, RSA-2 in New York, RSA-1 and RSA-2 in Vermont, RSA-2 and RSA-3 in Washington and portions of Kentucky's RSA-6. The deal gives AT&T its first presence in the state of Vermont.

In exchange, Verizon Wireless has received former Dobson Communications Corporation licenses, network assets and subscribers, including RSA-6 and RSA-8 in Kentucky, as well as 10MHz of the PCS spectrum in a number of areas in addition to an unspecified cash amount. The swaps are part of the requirements AT&T Mobility agreed to when it acquired Dobson in 2007 for $2.8 billion.



By Electronista Staff
toggle

Comments

  1. slider

    Mac Elite

    Joined: Oct 1999

    0

    Finally

    Been waiting for this since I move up here a just over a year now. Hopefully there'll be an iPhone refresh at MWSF to compliment my switch from Verizon to ATT in January.

  1. testudo

    Forum Regular

    Joined: Aug 2001

    0

    Re: finally

    no iPhone refresh coming any time soon. They just refreshed the thing, and it still is selling.

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

toggle

Most Popular

Advertisement

Recent Reviews

Brother HL-L8250CDN Color Laser Printer

When it comes to selecting a printer, it's not exactly something most people put a lot of thought into. Printers are often touted as f ...

Moshi iVisor AG and XT for iPad Air 2

Have you ever tried to put in a screen protector that relies on static to cling to the screen? How many bubbles and wrinkles does it h ...

Epson PowerLite Home Cinema 3500 projector

Trying to find the perfect projector for a home theater can be tricky, as there are bountiful options on the market from a large numbe ...

Advertisement

toggle

Most Commented

 
toggle

Popular News