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AT&T buys $1.9 billion in 700MHz B spectrum from Verizon

01/25, 12:42pm

Should allow AT&T to make significant LTE expansions

AT&T has bought $1.9 billion in 700 MHz B spectrum from Verizon Wireless, according to a Securities and Exchange Commission filing. AT&T says that the licenses should cover over 42 million people in 18 states: California, Colorado, Florida, Idaho, Illinois, Louisiana, Montana, New Mexico, New York, Ohio, Oklahoma, South Dakota, Tennessee, Texas, Utah, Virginia, Washington and Wyoming. As a part of the deal, it will also get AWS (Advanced Wireless Services) spectrum in five of those markets.

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