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updated 12:42 PM EST 01.25.13
AT&T buys $1.9 billion in 700MHz B spectrum from Verizon
AT&T has bought $1.9 billion in 700 MHz B spectrum from Verizon Wireless, according to a Securities and Exchange Commission filing. AT&T says that the licenses should cover over 42 million people in 18 states: California, Colorado, Florida, Idaho, Illinois, Louisiana, Montana, New Mexico, New York, Ohio, Oklahoma, South Dakota, Tennessee, Texas, Utah, Virginia, Washington and Wyoming. As a part of the deal, it will also get AWS (Advanced Wireless Services) spectrum in five of those markets.