AT&T to acquire wireless carrier Straight Path in $1.6B deal for spectrum ahead of 5G push, paying almost 3x Straight Path’s stock price (Aaron Pressman/Fortune)


Aaron Pressman / Fortune:

AT&T to acquire wireless carrier Straight Path in $1.6B deal for spectrum ahead of 5G push, paying almost 3x Straight Path’s stock price  —  AT&T just settled the Wall Street debate over the value of high bandwidth airwave rights suitable for super-fast next generation wireless networks.

Source: http://www.techmeme.com

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