AT&T acquires FiberTower for next-generation wireless spectrum

AT&T acquired FiberTower for $207 million. The purchase is valuable because it includes millimeter wave spectrum, which AT&T will use to roll-out its next-generation wireless services. AT&T intends introduce mobile 5G service in a dozen markets by the end of 2018.

 

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AT&T Completes Acquisition of FiberTower Corporation (Seeking Alpha, Feb. 9, 2018)