AT&T snatches up wireless spectrum licenses from EchoStar for $23 billion
By
Neha Kumari
AT&T will spend $23 billion to acquire certain wireless spectrum licenses from EchoStar, a significant expansion of AT&T’s low- and mid-band coverage networks.
AT&T said Tuesday that the licenses cover virtually every U.S. market — more than 400 total — which the company plans to deploy as soon as possible to lure more home internet subscribers and meet its growth goals.
