AT&T buys spectrum, assets from Alltel

22 Jan, 2013

 

The Alltel retail wireless operations has some 585,000 subscribers and covers some 4.6 million people in primarily rural areas in six states: Georgia, Idaho, Illinois, North Carolina, Ohio and South Carolina.

 

The acquisition includes spectrum that is largely complementary to AT&T's existing network and will be converted to AT&T's network.

 

The deal, expected to close in the second half of the year, would help AT&T meet surging demand for mobile Internet services created by growth in smartphones and tablets.

 

Copyright AFP (Agence France-Presse), 2013

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