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FCC approves AT&T’s buyout of rural Verizon licenses

June 22nd, 2010 link to (permalink)


The FCC today greenlit AT&T’s nearly $2.4 billion buyout of some Verizon wireless spectrum. A unanimous vote by all five commissioners ruled that the buyout, prompted by an FCC requirement that Verizon sell 79 of its frequency holdings after acquiring Alltel, didn’t pose a competitive risk.




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