As Verizon's brass is busy discussing the company's recent earnings release, AT&T and the little-known Atlantic Tele-Network Incorporated have just gone and stolen some of their thunder. The two companies have just announced that they have inked a deal that will see AT&T acquire ATNI's rural Alltel wireless business for a grand total of $780 million. And what exactly will AT&T be getting in exchange for all the money? According to the release, the shopping list includes "wireless properties, including licenses, network assets, retail stores and approximately 585,000 subscribers."
Source: http://feedproxy.google.com/~r/Techcrunch/~3/__BG3eV8Uhw/
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