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Verizon Wireless Spectrum Being Sold To AT&T
2013-01-25 18:58:58

Michael Harper for redOrbit.com — Your Universe Online AT&T is continuing their spectrum grab, buying up as much spectrum as their stockpiles of cash can afford them. Today, AT&T has agreed to spend another $1.9 billion to buy spectrum licenses from their main rival, Verizon Wireless. This spectrum covers some 42 million people in 18 states. In addition to the $1.9 billion, AT&T has also agreed to trade some of their own spectrum to sweeten the deal. This deal now awaits...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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