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Verizon sells spectrum to AT&T for $1.9B

Verizon Wireless is unloading a swath of spectrum on AT&T for $1.9 billion. The spectrum, part of Verizon’s 700MHz B block, which it isn’t using itself, will likely be used by AT&T to further augment its 4G LTE deployment as it looks to strengthen and broaden its coverage. As part of the deal announced today, …

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