AT&T has gotten the final "ok" from the government to buy spectrum licenses from Verizon Wireless, which Verizon was required to divest as part of its acquisition of Alltel.
The Federal Communications Commission approved AT&T's $2.35 billion purchase of the wireless licenses from Verizon Wireless on Tuesday. The FCC said the deal did not raise competitive risks.
Verizon is selling the licenses to AT&T as part of a deal it struck with the Justice Department. Verizon agreed to give up the licenses as a condition set by antitrust regulators in … Read more