AT&T Pushes To Buy Straight Path Communications
ATT (NYSE: T) is currently pushing to buy millimeter wave wireless spectrum owner Straight Path Communications (STRP) for a mere $1.6 Billion. This acquisition is thought to advance its efforts to offer 5G as Straight Path’s spectrum enables the delivery of large amounts of data over relatively short distances. This will allow them to keep up compete against the likes of Verizon (V) in the marketplace.
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