After eight months, AT&T finally acquired the LTE spectrum from rival Verizon Wireless in a USD1.9 billion deal.
Tags: AT&T Inc
AT&T plans to divest its wireline assets in Connecticut for $2B to Frontier
On Tuesday, AT&T agreed to sell its wireline assets in Connecticut to Frontier Communications for $2 billion in cash in order to fund the US phone company's ongoing massive network upgrades.
AT&T to take on T-Mobile for control over Verizon's spectrum block
AT&T will be up against smaller rival T-Mobile should the former decide to offer a bid for Verizon Wireless' spectrum block. Verizon, which bought the asset for USD2.4 billion, is seeking to generate USD2.75 billion from the sale.
AT&T gets US4.85 billion balance sheet anchor from largest wireless tower lot agreement Crown Castle
Crown Castle International Corp was set to own AT&T Inc's 600 wireless towers and be an exclusive operator of the US phone company's 9,100 other towers for a premium price of USD4.85 billion.
AT&T faces resistance from own investors on European acquisitions
Some investors of AT&T Inc were wary about the US telecom company's plans to acquire European carriers.
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Silver Lake Sumeru announced it would acquire a majority stake in BlackLine Systems, an accounting software company.
According to the White House, US President Barack Obama met with tech executives along with transparency advocates to deliberate on the government's surveillance programs.
Analysts said Apple must make its own smartphone trade-in program to boost its sales. According to Apple Insider, Apple's CEO Tim Cook is currently considering the possibility of adopting the trade-in program of AT&T and T-Mobile.
Following AT&T's earnings report that showed increase in revenue, analysts believed that the wireless carrier is a good investment.
Analysts noted that Verizon, AT&T and Sprint would all have a room for growth if they would make strategies that would benefit the services they offer for their customers.
AT&T would shift towards android phones but it would still depend on iPhone's resale value for its new upgrade plan.
Verizon Wireless was scheduled to introduce its installment plans to its customers on August 25. On Thursday, Verizon Wireless stated that it would join AT&T and T-Mobile in making installment plans for its available phones.
AT&T Inc's new venture on annual device upgrades and installment plans directly competed against T-Mobile's offerings.
AT&T's acquisition of Leap puts pressure on smaller rivals to make mergers and purchases of their own.
