AT&T has reached an agreement with Atlantic Tele-Network to buy its wireless assets for $780 million. The deal will add approximately 585,000 subscribers — mainly in Georgia, Idaho, Illinois, North Carolina, Ohio and South Carolina — to AT&T’s user ranks. Perhaps more importantly, AT&T’s acquisition of the Alltel brand will bring in spectrum complementary to AT&T’s network — that is, in the 700-, 850- and 1900-megahertz bands. Alltel currently operates a retail CDMA network for its subscribers in these areas. AT&T reported it plans to upgrade the Alltel network.
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AT&T Wheels and Deals to Fend Off Spectrum Squeeze
Posted by: Erika Morphy January 22, 2013 04:05 PMAT&T has reached an agreement with Atlantic Tele-Network to buy its wireless assets for $780 million. The deal will add approximately 585,000 subscribers — mainly in Georgia, Idaho, Illinois, North Carolina, Ohio and South Carolina — to AT&T’s user ranks. Perhaps more importantly, AT&T’s acquisition of the Alltel brand will bring in spectrum complementary to AT&T’s network — that is, in the 700-, 850- and 1900-megahertz bands. Alltel currently operates a retail CDMA network for its subscribers in these areas. AT&T reported it plans to upgrade the Alltel network.